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, implying potential capital gains 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. That number becomes 2.38 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.88 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 3.9 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of CFX to grow at a rate of 45.89 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, 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. Currently the stock is 47.51 percent higher than its low, and below the high by 3.65 percent. CFX has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.