Analyst Ratings for Envision Healthcare Corp. (EVHC)Updated: 2017-07-26
Analysts covering Envision Healthcare Corp. (NYSE:EVHC) have given it a consensus rating of Buy. EVHC had previously received a consensus rating of Buy a month ago.
17 analysts declared EVHC a buy, 1 gave an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for EVHC by the analysts covering the stock. The most optimistic price target was 85, implying a possible profit of 46.17 percent. The most pessimistic analyst gave a price target of 65, implying a possible loss of 11.78 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.62 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -24.39 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.46 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -17.97 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 3 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, EVHC has achieved a high of 77.69 and a low of 53.12. Today's price is 9.47 percent above the 52-week low, and below the high by 25.15 percent. EVHC has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The EVHC value stock report compares EVHC to some of its peers using value stock charts. The stock has a market capitalization of $6.92 billion. EVHC will post this quarters earnings in days, on 0000-00-00.