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 analyst gave a price target of 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. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -11.11 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.49 percent.
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, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. BETR has a PEG ratio of 0.63.
In the last 52-weeks, BETR has achieved a high of 17.53 and a low of 7.86. 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 price/earnings 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 stock has a market capitalization of $0.80748 billion. BETR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.