Analyst Ratings for Sun Hydraulics Corp. (SNHY)

Updated: 2017-07-28

An average rating of Overweight has been given to Sun Hydraulics Corp. (NASDAQ:SNHY) by analysts covering the stock. A consensus rating of Overweight was previously issued for SNHY last month.

2 analysts issued ratings on the stock, where 0 gave SNHY a buy rating, 1 issued an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for SNHY by the analysts covering the stock. The maximum price target given was 46, implying a possible profit of 9.97 percent. The most pessimistic price target was 46, implying potential capital losses of 9.97 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 7.02 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 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.97 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

SNHY has an estimated earnings growth rate of 41.71 percent as forecasted by analysts. People on Wall Street often look at a company's 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. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SNHY is 1.06.

SNHY has a 52-week high of 44.82 and a 52-week low of 28.46. Currently the stock is 46.98 percent higher than its low, and 6.67 percent below the high. SNHY has a price/earnings ratio of 44.03. Investors typically compare the P/E ratio to a company's peers in the industry. The SNHY value stock report compares SNHY to some of its peers using value stock charts. The market cap of SNHY is $1.13 billion. SNHY will post this quarters earnings in days, on 0000-00-00.