Analyst Ratings for Avalonbay Communities Inc. (AVB)

Updated: 2017-07-28

An average rating of Overweight has been given to Avalonbay Communities Inc. (NYSE:AVB) by analysts covering the stock. A consensus rating of Overweight was previously issued for AVB last month.

25 analysts issued ratings on the stock, where 10 gave AVB a buy rating, 1 gave an overweight rating, 13 gave a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 1.

Many analysts weighed in on price targets for AVB. The highest price target was 225, implying potential capital gains of 16.88 percent. The most pessimistic price target was 180, which equates to a potential downside of -6.49 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.55 percent on average, compared to last month. That number becomes -0.46 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.43 percent. If we look at the last 90 days instead, we find a net average change of 5.22 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

Analysts estimate earnings of AVB to grow at a rate of 16.34 percent. Another measure frequently examined by investors is 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. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. AVB has a PEG ratio of 1.57.

In the last 52-weeks, AVB has achieved a high of 199.52 and a low of 158.32. The current market price is above the trailing year's low by 21.59 percent, and 3.52 percent below the high. AVB has a price/earnings ratio of 25.63. Investors typically compare the P/E ratio to a company's peers in the industry. The AVB value stock report compares AVB to some of its peers using value stock charts. The market cap of AVB is $26.26 billion. AVB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.