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 most optimistic analyst gave a price target of 225, implying a possible profit of 16.88 percent. The minimum price target given was 180, implying potential capital losses of -6.49 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 downwards for this quarter, by about -1.55 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -0.46 percent. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
Analysts estimate earnings of AVB to grow at a rate of 16.34 percent. Another measure frequently examined by investors is the PEG ratio. 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. AVB has a PEG ratio of 1.57.
In the trailing 52-weeks, AVB hit 199.52 at the highest peak, while it's lowest trading point was 158.32. The current market price is above the trailing year's low by 21.59 percent, and 3.52 percent lower than its 52-week 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 stock has a market capitalization of $26.26 billion. AVB's next earnings release will be on 0000-00-00, which is days away.