Analyst Ratings for Joy Global Inc. (JOY)Updated: 2017-04-03
Analysts covering Joy Global Inc. (NYSE:JOY) have given it a consensus rating of Hold. Last month, JOY received an average rating of Hold.
Of the 12 analysts covering the stock, 0 gave it a buy rating, 0 gave an overweight rating, 12 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for JOY. The highest price target was 28.3, implying potential capital gains of 0.04 percent. The minimum price target given was 28, implying potential capital losses of -1.03 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 8.71 percent. The average change in earnings estimates over the last 90 days is 0.97 percent. Meanwhile, fiscal year estimates have been revised upwards by 9.72 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.44 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 3 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, 1 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
JOY has traded between a high of 28.55 and a low of 14.04 over the past year. Currently the stock is 101.5 percent higher than its low, and below the high by 0.91 percent. JOY has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The JOY value stock report compares JOY to some of its peers using value stock charts. The market cap of JOY is $2.81 billion. JOY is estimated to release their earnings results for the quarter on 0000-00-00, days from today.