Analyst Ratings for Aetna Inc. (AET)Updated: 2017-07-28
An average rating of Overweight has been given to Aetna Inc. (NYSE:AET) by analysts covering the stock. A consensus rating of Overweight was previously issued for AET last month.
24 analysts issued ratings on the stock, where 14 gave AET a buy rating, 0 issued an overweight rating, 9 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for AET by the analysts covering the stock. The highest price target was 181, implying potential capital gains of 16.56 percent. The minimum price target given was 94, implying a possible loss of -39.47 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.64 percent. The average change in earnings estimates over the last 90 days is -1.87 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.07 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of AET to grow at a rate of 182.76 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. AET has a PEG ratio of 0.26.
In the trailing 52-weeks, AET hit 157.56 at the highest peak, while it's lowest trading point was 104.59. Today's price is 48.47 percent above the 52-week low, and below the high by 1.44 percent. AET has a P/E ratio of 48.38. Investors typically compare the P/E ratio to a company's peers in the industry. The AET value stock report compares AET to some of its peers using value stock charts. The stock has a market capitalization of $51.05 billion. AET is estimated to release their earnings results for the quarter on 0000-00-00, days from today.