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.
Several price targets were given for SINA by the analysts covering the stock. The highest 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, implying a possible loss of -7.94 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
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. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
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, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SINA is -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 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.