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.
Several price targets were given for CFX by the analysts covering the stock. The most optimistic price target was 50, which equates to a potential upside of 22.1 percent. The most pessimistic analyst gave a price target of 36, implying potential capital losses 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0.88 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.9 percent.
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. Also over the last month, 4 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of CFX's earnings is estimated by analysts to be 45.89 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 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 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.