Analyst Ratings for Avista Corp. (AVA)Updated: 2017-07-27
Analysts covering Avista Corp. (NYSE:AVA) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for AVA last month.
0 analysts declared AVA a buy, 0 issued an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for AVA. The maximum price target given was 53, which equates to a potential upside of 0.74 percent. The minimum price target given was 42, implying potential capital losses of -20.17 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 6.06 percent on average, compared to last month. That number becomes 9.03 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 0.52 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.83 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
AVA has an estimated earnings growth rate of -11.08 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of AVA is -2.16.
AVA has traded between a high of 52.83 and a low of 37.78 over the past year. The current market price is above the trailing year's low by 39.25 percent, and below the high by 0.42 percent. AVA has a P/E ratio of 23.91. Investors typically compare the P/E ratio to a company's peers in the industry. The AVA value stock report compares AVA to some of its peers using value stock charts. The market cap of AVA is $3.38 billion. AVA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.