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.
Investment analysts gave a few price targets for AVX. The most optimistic price target was 17, implying a possible profit of -3.74 percent. The most pessimistic price target was 16, implying a possible loss of -9.4 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, 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. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, 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. Today's price is 35.02 percent above the 52-week low, 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.