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.
Many analysts weighed in on price targets for TSRA. The maximum price target given 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. 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 downwards by an average of -1.11 percent. That number becomes -3.19 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 5.91 percent. If we look at the last 90 days instead, we find a net average change of 5.32 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of TSRA to grow at a rate of 22.11 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 65.85 percent above the 52-week low, and below the high by 4.57 percent. 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 -750 days, on 2017-02-28.