Analyst Ratings for FleetMatics Group PLC (FLTX)Updated: 2016-11-06
Many analysts weighed in on price targets for FLTX. The maximum price target given was 60, which equates to a potential upside of 0 percent. The most pessimistic analyst gave a price target of 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.72 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.72 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.47 percent. 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. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of FLTX's earnings is estimated by analysts to be 36.78 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. FLTX has a PEG ratio of 2.12.
In the trailing 52-weeks, FLTX hit 62.86 at the highest peak, while it's lowest trading point was 34.41. Currently the stock is 74.37 percent higher than its low, and 4.55 percent below the high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.