Analyst Ratings for Sina Corp. (SINA)Updated: 2017-07-26
Sina Corp. (NASDAQ:SINA) was awarded an average rating of Buy from investment analysts following the stock. Last month, SINA received an average rating of Buy.
A buy rating was issued by 14 analysts, 2 gave an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
SINA was given price targets by several analysts. The most optimistic analyst gave a price target of 150, which equates to a potential upside of 59.2 percent. The most pessimistic analyst gave a price target of 86.74, implying a possible loss of -7.94 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.57 percent. That number becomes 239.17 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.19 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 4071.52 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of SINA's earnings is estimated by analysts to be -26.43 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. SINA has a PEG ratio of -1.09.
SINA has traded between a high of 97.81 and a low of 46.53 over the past year. The current market price is above the trailing year's low by 102.49 percent, and below the high by 3.67 percent. SINA has a price/earnings ratio of 28.73. Investors typically compare the P/E ratio to a company's peers in the industry. The SINA value stock report compares SINA to some of its peers using value stock charts. The stock has a market capitalization of $6.74 billion. SINA will post this quarters earnings in days, on 0000-00-00.