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 analyst gave a price target of 86.74, implying potential capital losses of -7.94 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.57 percent. The average change in earnings estimates over the last 90 days is 239.17 percent. 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. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of SINA to grow at a rate of -26.43 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. SINA has a PEG ratio of -1.09.
In the last 52-weeks, SINA has achieved a high of 97.81 and a low of 46.53. The current market price is above the trailing year's low by 102.49 percent, and 3.67 percent below the high. SINA has a P/E 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.