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.

Many analysts weighed in on price targets for SNHY. The most optimistic price target was 46, implying potential capital gains of 9.97 percent. The most pessimistic analyst gave a price target of 46, which equates to a potential downside of 9.97 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. 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. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of SNHY's earnings is estimated by analysts to be 41.71 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. SNHY has a PEG ratio of 1.06.

In the trailing 52-weeks, SNHY hit 44.82 at the highest peak, while it's lowest trading point was 28.46. Currently the stock is 46.98 percent higher than its low, and 6.67 percent lower than its 52-week high. SNHY has a P/E 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's next earnings release will be on 0000-00-00, which is days away.