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.

A number of analysts gave price targets for TSRA. The maximum price target given was 57, which equates to a potential upside of 29.99 percent. The most pessimistic analyst gave a price target of 44, which equates to a potential downside of 0.34 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.11 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.19 percent. Meanwhile, fiscal year estimates have been revised upwards by 5.91 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.32 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.

The growth rate of TSRA's earnings is estimated by analysts to be 22.11 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. TSRA has a PEG ratio of 1.13.

TSRA has a 52-week high of 45.95 and a 52-week low of 26.44. The current market price is above the trailing year's low by 65.85 percent, and 4.57 percent below the high. TSRA has a price/earnings 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 stock has a market capitalization of $2.13 billion. TSRA is estimated to release their earnings results for the quarter on 2017-02-28, days from today.