Analyst Ratings for Sotheby's (BID)

Updated: 2017-07-29

Shares of Sotheby's (NYSE:BID) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, BID was issued an average rating of Overweight.

5 analysts issued ratings on the stock, where 3 gave BID a buy rating, 0 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 issued 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.

A number of analysts gave price targets for BID. The most optimistic price target was 62, implying a possible profit of 9 percent. The most pessimistic price target was 45, implying a possible loss of -20.89 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.33 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.23 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 8.87 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.

Analysts estimate earnings of BID to grow at a rate of 35.53 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of BID is 1.05.

In the last 52-weeks, BID has achieved a high of 57.95 and a low of 31.14. The current market price is above the trailing year's low by 82.66 percent, and 1.85 percent below the high. BID has a P/E ratio of 37.42. Investors typically compare the P/E ratio to a company's peers in the industry. The BID value stock report compares BID to some of its peers using value stock charts. The stock has a market capitalization of $3 billion. BID's next earnings release will be on 0000-00-00, which is days away.