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.
AET was given price targets by several analysts. The most optimistic price target was 181, implying a possible profit of 16.56 percent. The most pessimistic price target was 94, which equates to a potential downside 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. That number becomes -1.87 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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 made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
AET has an estimated earnings growth rate of 182.76 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, 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. The PEG ratio of AET is 0.26.
In the last 52-weeks, AET has achieved a high of 157.56 and a low of 104.59. 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 market cap of AET is $51.05 billion. AET will post this quarters earnings in days, on 0000-00-00.