Analyst Ratings for FleetMatics Group PLC (FLTX)Updated: 2016-11-06
Many analysts weighed in on price targets for FLTX. The highest price target was 60, which equates to a potential upside of 0 percent. The most pessimistic analyst gave a price target of 59, implying a possible loss of -1.67 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.72 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.72 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.47 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.19 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
FLTX has an estimated earnings growth rate of 36.78 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, 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, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of FLTX is 2.12.
FLTX has traded between a high of 62.86 and a low of 34.41 over the past year. Currently the stock is 74.37 percent higher than its low, and 4.55 percent lower than its 52-week high. FLTX has a price/earnings ratio of 77.98. Investors typically compare the P/E ratio to a company's peers in the industry. The FLTX value stock report compares FLTX to some of its peers using value stock charts. The stock has a market capitalization of $2.35 billion. FLTX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.