Analyst Ratings for Ixia (XXIA)Updated: 2017-04-07
An average rating of Hold has been given to Ixia (NASDAQ:XXIA) by analysts covering the stock. XXIA had previously received a consensus rating of Hold a month ago.
0 analysts declared XXIA a buy, 0 issued an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an decrease of 4 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.
XXIA was given price targets by several analysts. The maximum price target given was 19.65, which equates to a potential upside of 0.26 percent. The minimum price target given was 19.65, which equates to a potential downside of 0.26 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.7 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.37 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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, while 0 analysts made negative revisions to their fiscal year's estimates.
XXIA has traded between a high of 19.65 and a low of 9.10 over the past year. The current market price is above the trailing year's low by 115.38 percent, and 0.25 percent lower than its 52-week high. XXIA has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The XXIA value stock report compares XXIA to some of its peers using value stock charts. The market cap of XXIA is $1.63 billion. XXIA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.