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.
Several price targets were given for BETR by the analysts covering the stock. The most optimistic price target was 13, implying potential capital gains of 23.81 percent. The most pessimistic analyst gave a price target of 8.5, implying a possible loss of -19.05 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 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -11.11 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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 have revised their quarterly estimates upwards in the past 30 days, 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.
The growth rate of BETR's earnings is estimated by analysts to be 64.28 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. People often look for the PEG ratio to be under 1, 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 traded between a high of 17.53 and a low of 7.86 over the past year. The current market price is above the trailing year's low by 33.59 percent, 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 will post this quarters earnings in days, on 0000-00-00.