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 minimum price target given was 94, implying a possible loss of -39.47 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.64 percent. That number becomes -1.87 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 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.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of AET's earnings is estimated by analysts to be 182.76 percent. People on Wall Street often look at a company's PEG ratio. 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. The current market price is above the trailing year's low by 48.47 percent, and 1.44 percent below the high. 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 market cap of AET is $51.05 billion. AET will post this quarters earnings in days, on 0000-00-00.