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.
Investment analysts gave a few price targets for AET. The maximum price target given was 181, which equates to a potential upside of 16.56 percent. The most pessimistic analyst gave a price target of 94, which equates to a potential downside of -39.47 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 0.64 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.87 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.07 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of AET to grow at a rate of 182.76 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. AET has a PEG ratio of 0.26.
AET has traded between a high of 157.56 and a low of 104.59 over the past year. Currently the stock is 48.47 percent higher than its low, and below the high by 1.44 percent. AET has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.