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 most optimistic analyst gave a price target of 17, implying a possible profit of -3.74 percent. The most pessimistic price target was 16, implying a possible loss of -9.4 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 8.33 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 -2.5 percent. 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.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
AVX has an estimated earnings growth rate of 4.31 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AVX is 5.39.
AVX has a 52-week high of 18.44 and a 52-week low of 13.08. The current market price is above the trailing year's low by 35.02 percent, and 4.23 percent lower than its 52-week 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 market cap of AVX is $3.03 billion. AVX will post this quarters earnings in days, on 0000-00-00.