Analyst Ratings for Barracuda Networks Inc. (CUDA)

Updated: 2017-07-28

An average rating of Overweight has been given to Barracuda Networks Inc. (NYSE:CUDA) by analysts covering the stock. About 30 days ago, CUDA was issued an average rating of Overweight.

18 analysts issued ratings on the stock, where 11 gave CUDA a buy rating, 2 issued an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for CUDA. The maximum price target given was 35, implying potential capital gains of 50.93 percent. The lowest price target was 21, implying a possible loss of -9.44 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -11.51 percent. That number becomes -11.51 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 0.82 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.82 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, while 7 analysts revised their estimates downwards. During this time, 6 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of CUDA to grow at a rate of 83.64 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CUDA is 1.46.

CUDA has a 52-week high of 26.69 and a 52-week low of 19.06. The current market price is above the trailing year's low by 21.67 percent, and 13.11 percent below the high. CUDA has a P/E ratio of 122.32. Investors typically compare the P/E ratio to a company's peers in the industry. The CUDA value stock report compares CUDA to some of its peers using value stock charts. The market cap of CUDA is $1.24 billion. CUDA's next earnings release will be on 0000-00-00, which is days away.