Analyst Ratings for FleetMatics Group PLC (FLTX)Updated: 2016-11-06
Several price targets were given for FLTX by the analysts covering the stock. The most optimistic price target was 60, which equates to a potential upside of 0 percent. The minimum price target given was 59, which equates to a potential downside of -1.67 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 upwards for this quarter, by about 1.72 percent on average, compared to last month. That number becomes 1.72 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 1.47 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.19 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, 1 analysts increased their quarterly estimates, 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 decreased their estimates.
FLTX has an estimated earnings growth rate of 36.78 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. 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. FLTX has a PEG ratio of 2.12.
FLTX has traded between a high of 62.86 and a low of 34.41 over the past year. The current market price is above the trailing year's low by 74.37 percent, and below the high by 4.55 percent. FLTX has a P/E 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's next earnings release will be on 0000-00-00, which is days away.