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.
TSRA was given price targets by several analysts. The highest price target was 57, which equates to a potential upside of 29.99 percent. The minimum price target given was 44, which equates to a potential downside of 0.34 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. 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.
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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.
TSRA has an estimated earnings growth rate of 22.11 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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 TSRA is 1.13.
In the trailing 52-weeks, TSRA hit 45.95 at the highest peak, while it's lowest trading point was 26.44. 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 is estimated to release their earnings results for the quarter on 2017-02-28, days from today.