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 analyst gave a price target of 17, implying a possible profit of -3.74 percent. The most pessimistic price target was 16, which equates to a potential downside of -9.4 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 8.33 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.5 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 3.95 percent. If we look at the last 90 days instead, we find a net average change of -3.09 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
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. 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. PEG ratios below 1 are often considered desirable, 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. Currently the stock is 35.02 percent higher than its low, and below the high by 4.23 percent. 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 will post this quarters earnings in days, on 0000-00-00.