Analyst Ratings for Tessera Holding Corporation (TSRA)

Updated: 2017-02-13

Analysts covering Tessera Holding Corporation (NASDAQ:TSRA) have given it a consensus rating of Buy. Last month, TSRA received an average rating of Buy.

3 analysts declared TSRA a buy, 0 gave an overweight rating, 0 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 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 TSRA. The highest price target was 57, implying a possible profit of 29.99 percent. The minimum price target given was 44, implying a possible loss of 0.34 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 downwards by an average of -1.11 percent. The average change in earnings estimates over the last 90 days is -3.19 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 5.91 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.32 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 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

TSRA has an estimated earnings growth rate of 22.11 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the 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. 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. TSRA has a PEG ratio of 1.13.

TSRA has traded between a high of 45.95 and a low of 26.44 over the past year. The current market price is above the trailing year's low by 65.85 percent, and 4.57 percent lower than its 52-week high. TSRA has a P/E ratio of 24.91. Investors typically compare the P/E ratio to a company's peers in the industry. The TSRA value stock report compares TSRA to some of its peers using value stock charts. The market cap of TSRA is $2.13 billion. TSRA will post this quarters earnings in -814 days, on 2017-02-28.