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.
Many analysts weighed in on price targets for SINA. The maximum price target given was 150, implying potential capital gains of 59.2 percent. The most pessimistic price target was 86.74, implying a possible loss of -7.94 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. Meanwhile, fiscal year estimates have been revised upwards by 0.19 percent, compared to last month. 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 made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of SINA's earnings is estimated by analysts to be -26.43 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. SINA has a PEG ratio of -1.09.
SINA has a 52-week high of 97.81 and a 52-week low of 46.53. Currently the stock is 102.49 percent higher than its low, and 3.67 percent lower than its 52-week high. 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's next earnings release will be on 0000-00-00, which is days away.