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.
A number of analysts gave price targets for SINA. The most optimistic price target was 150, which equates to a potential upside of 59.2 percent. The most pessimistic analyst gave a price target of 86.74, which equates to a potential downside 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. This can be compared with the average change in earnings estimates over the past 3 months, which is 239.17 percent. 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.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
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. A lower PEG ratio is favorable, 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, 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 traded between a high of 97.81 and a low of 46.53 over the past year. Today's price is 102.49 percent above the 52-week low, and 3.67 percent below the 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 market cap of SINA is $6.74 billion. SINA's next earnings release will be on 0000-00-00, which is days away.