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.

Many analysts weighed in on price targets for CUDA. The maximum price target given was 35, implying a possible profit of 50.93 percent. The most pessimistic price target was 21, implying a possible loss of -9.44 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -11.51 percent. The average change in earnings estimates over the last 90 days is -11.51 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.82 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.82 percent.

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, while 7 analysts revised their estimates downwards. Over the same time period, 6 analysts revised their FY earnings estimates upwards, compared to 4 analysts that revised their FY estimates downwards.

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 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CUDA is 1.46.

In the trailing 52-weeks, CUDA hit 26.69 at the highest peak, while it's lowest trading point was 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 will post this quarters earnings in days, on 0000-00-00.