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.

Investment analysts gave a few price targets for SNHY. The highest price target was 46, which equates to a potential upside of 9.97 percent. The most pessimistic price target was 46, implying a possible loss of 9.97 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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 have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of SNHY to grow at a rate of 41.71 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. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SNHY is 1.06.

SNHY has traded between a high of 44.82 and a low of 28.46 over the past year. The current market price is above the trailing year's low by 46.98 percent, and 6.67 percent lower than its 52-week 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 stock has a market capitalization of $1.13 billion. SNHY will post this quarters earnings in days, on 0000-00-00.