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.

Several price targets were given for AVB by the analysts covering the stock. The maximum price target given 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.55 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.46 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.43 percent, compared to last month. 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 made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of AVB's earnings is estimated by analysts to be 16.34 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Today's price is 21.59 percent above the 52-week low, 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's next earnings release will be on 0000-00-00, which is days away.