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.
Investment analysts gave a few price targets for FOE. The most optimistic price target was 23, implying a possible profit of 21.82 percent. The lowest price target was 20, implying potential capital losses of 5.93 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. 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.
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. 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.
FOE has an estimated earnings growth rate of 917 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, 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, though it could be better to see where the ratio stands relative to peers in the industry. 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. 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 market cap of FOE is $1.57 billion. FOE will post this quarters earnings in days, on 0000-00-00.