Analyst Ratings for Orix Corp. ADR (IX)Updated: 2017-07-29
An average rating of Buy has been given to Orix Corp. ADR (NYSE:IX) by analysts covering the stock. Last month, IX received an average rating of Buy.
14 analysts issued ratings on the stock, where 11 gave IX a buy rating, 0 issued an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
IX was given price targets by several analysts. The highest price target was 112.07, implying a possible profit of 41.15 percent. The minimum price target given was 84.07, which equates to a potential downside of 5.88 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 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.1 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.56 percent.
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, 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, while 0 analysts made negative revisions to their fiscal year's estimates.
IX has an estimated earnings growth rate of 9.02 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. 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. IX has a PEG ratio of 0.91.
In the last 52-weeks, IX has achieved a high of 82.58 and a low of 66.14. The current market price is above the trailing year's low by 20.05 percent, and 3.85 percent below the high. IX has a price/earnings ratio of 8.22. Investors typically compare the P/E ratio to a company's peers in the industry. The IX value stock report compares IX to some of its peers using value stock charts. The market cap of IX is $20.89 billion. IX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.