Analyst Ratings for Ferro Corp. (FOE)Updated: 2017-07-27
Analysts covering Ferro Corp. (NYSE:FOE) have given it a consensus rating of Buy. A consensus rating of Buy was previously issued for FOE last month.
Of the 6 analysts covering the stock, 6 gave it a buy rating, 0 issued an overweight rating, 0 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
FOE was given price targets by several analysts. The most optimistic analyst gave a price target of 23, implying potential capital gains of 21.82 percent. The minimum price target given was 20, which equates to a potential downside of 5.93 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -5.71 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.53 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of FOE's earnings is estimated by analysts to be 917 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. FOE has a PEG ratio of 0.17.
FOE has traded between a high of 19.37 and a low of 12.15 over the past year. The current market price is above the trailing year's low by 55.39 percent, and 2.53 percent lower than its 52-week high. FOE has a price/earnings ratio of 157.33. Investors typically compare the P/E ratio to a company's peers in the industry. The FOE value stock report compares FOE to some of its peers using value stock charts. The market cap of FOE is $1.57 billion. FOE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.