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 a possible profit of 9.97 percent. The lowest price target was 46, implying a possible loss of 9.97 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 7.02 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.97 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

SNHY has an estimated earnings growth rate of 41.71 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of SNHY is 1.06.

In the trailing 52-weeks, SNHY hit 44.82 at the highest peak, while it's lowest trading point was 28.46. The current market price is above the trailing year's low by 46.98 percent, and 6.67 percent below the 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 stock has a market capitalization of $1.13 billion. SNHY's next earnings release will be on 0000-00-00, which is days away.