Analyst Ratings for FleetMatics Group PLC (FLTX)Updated: 2016-11-06
Investment analysts gave a few price targets for FLTX. The highest 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. The average change in earnings estimates over the last 90 days is 1.72 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.47 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.19 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. 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. 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 that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, 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.
In the last 52-weeks, FLTX has achieved a high of 62.86 and a low of 34.41. 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 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 will post this quarters earnings in days, on 0000-00-00.