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.

Several price targets were given for CUDA by the analysts covering the stock. The maximum price target given was 35, implying a possible profit of 50.93 percent. The most pessimistic analyst gave a price target of 21, implying a possible loss of -9.44 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates downwards for this quarter, by about -11.51 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -11.51 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 7 analysts revised their estimates downwards. Also over the last month, 6 analysts increased their estimates for the FY earnings, while 4 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CUDA's earnings is estimated by analysts to be 83.64 percent. It's possible to gain additional insight about growth valuation of a company by looking at the 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. 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. CUDA has a PEG ratio of 1.46.

CUDA has a 52-week high of 26.69 and a 52-week low of 19.06. Currently the stock is 21.67 percent higher than its low, and 13.11 percent lower than its 52-week high. CUDA has a price/earnings 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 stock has a market capitalization of $1.24 billion. CUDA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.