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 most pessimistic price target was 180, implying a possible loss of -6.49 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.55 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.46 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.43 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 5.22 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AVB is 1.57.

AVB has a 52-week high of 199.52 and a 52-week low of 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 P/E 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 will post this quarters earnings in days, on 0000-00-00.