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.
Investment analysts gave a few price targets for JOY. The highest price target was 28.3, implying potential capital gains of 0.04 percent. The most pessimistic price target was 28, implying a possible loss of -1.03 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 8.71 percent. The average change in earnings estimates over the last 90 days is 0.97 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 9.72 percent. If we look at the last 90 days instead, we find a net average change of 2.44 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
JOY has a 52-week high of 28.55 and a 52-week low of 14.04. Currently the stock is 101.5 percent higher than its low, and 0.91 percent below the high. JOY has a price/earnings 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.