Analyst Ratings for AVX Corp. (AVX)Updated: 2017-07-27
An average rating of Hold has been given to AVX Corp. (NYSE:AVX) by analysts covering the stock. AVX had previously received a consensus rating of Hold a month ago.
A buy rating was issued by 0 analysts, 0 issued an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
AVX was given price targets by several analysts. The maximum price target given was 17, implying potential capital gains of -3.74 percent. The minimum price target given was 16, implying a possible loss of -9.4 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 8.33 percent. That number becomes -2.5 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 3.95 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.09 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of AVX's earnings is estimated by analysts to be 4.31 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of AVX is 5.39.
In the trailing 52-weeks, AVX hit 18.44 at the highest peak, while it's lowest trading point was 13.08. The current market price is above the trailing year's low by 35.02 percent, and 4.23 percent below the high. AVX has a P/E ratio of 23.24. Investors typically compare the P/E ratio to a company's peers in the industry. The AVX value stock report compares AVX to some of its peers using value stock charts. The stock has a market capitalization of $3.03 billion. AVX's next earnings release will be on 0000-00-00, which is days away.