Analyst Ratings for Colfax Corp. (CFX)Updated: 2017-07-26
Analysts covering Colfax Corp. (NYSE:CFX) have given it a consensus rating of Overweight. Last month, CFX received an average rating of Overweight.
7 analysts declared CFX a buy, 0 issued an overweight rating, 9 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for CFX. The highest price target was 50, which equates to a potential upside of 22.1 percent. The most pessimistic price target was 36, implying potential capital losses of -12.09 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 2.38 percent. That number becomes 2.38 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.88 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 3.9 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 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, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of CFX's earnings is estimated by analysts to be 45.89 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, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CFX has a PEG ratio of 0.76.
In the trailing 52-weeks, CFX hit 42.50 at the highest peak, while it's lowest trading point was 27.76. The current market price is above the trailing year's low by 47.51 percent, and 3.65 percent below the high. CFX has a P/E ratio of 35. Investors typically compare the P/E ratio to a company's peers in the industry. The CFX value stock report compares CFX to some of its peers using value stock charts. The stock has a market capitalization of $5.1 billion. CFX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.