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.
A number of analysts gave price targets for AVA. The maximum price target given was 53, which equates to a potential upside of 0.74 percent. The lowest price target was 42, which equates to a potential downside 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 6.06 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 9.03 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.52 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.83 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
AVA has an estimated earnings growth rate of -11.08 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of AVA is -2.16.
AVA has a 52-week high of 52.83 and a 52-week low of 37.78. Today's price is 39.25 percent above the 52-week low, and below the high by 0.42 percent. AVA has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.