Analyst Ratings for Amplify Snack Brands Inc. (BETR)Updated: 2017-07-27
Shares of Amplify Snack Brands Inc. (NYSE:BETR) have received a consensus rating of Overweight from Wall Street analysts. Last month, BETR received an average rating of Overweight.
A buy rating was issued by 3 analysts, 0 issued an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for BETR. The most optimistic price target was 13, which equates to a potential upside of 23.81 percent. The minimum price target given was 8.5, implying a possible loss of -19.05 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 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 -11.11 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -4.49 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
BETR has an estimated earnings growth rate of 64.28 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. 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. 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 BETR is 0.63.
BETR has a 52-week high of 17.53 and a 52-week low of 7.86. Today's price is 33.59 percent above the 52-week low, and below the high by 40.1 percent. BETR has a P/E ratio of 40.38. Investors typically compare the P/E ratio to a company's peers in the industry. The BETR value stock report compares BETR to some of its peers using value stock charts. The market cap of BETR is $0.80748 billion. BETR's next earnings release will be on 0000-00-00, which is days away.