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.
Several price targets were given for FOE by the analysts covering the stock. The most optimistic analyst gave a price target of 23, implying a possible profit of 21.82 percent. The lowest price target was 20, implying a possible loss of 5.93 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.71 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.53 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of FOE to grow at a rate of 917 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of FOE is 0.17.
In the last 52-weeks, FOE has achieved a high of 19.37 and a low of 12.15. Currently the stock is 55.39 percent higher than its low, and below the high by 2.53 percent. 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 stock has a market capitalization of $1.57 billion. FOE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.