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.
A number of analysts gave price targets for CFX. The most optimistic analyst gave a price target of 50, which equates to a potential upside of 22.1 percent. The most pessimistic analyst gave a price target of 36, which equates to a potential downside of -12.09 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 2.38 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 2.38 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.88 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.9 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. 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. Another measure frequently examined by investors is 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CFX is 0.76.
In the last 52-weeks, CFX has achieved a high of 42.50 and a low of 27.76. The current market price is above the trailing year's low by 47.51 percent, and 3.65 percent lower than its 52-week 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 market cap of CFX is $5.1 billion. CFX's next earnings release will be on 0000-00-00, which is days away.