Analyst Ratings for ResMed Inc. (RMD)Updated: 2017-07-27
An average rating of Hold has been given to ResMed Inc. (NYSE:RMD) by analysts covering the stock. RMD had previously received a consensus rating of Hold a month ago.
19 analysts issued ratings on the stock, where 7 gave RMD a buy rating, 0 issued an overweight rating, 7 gave a hold rating, 2 gave an underweight rating, and 3 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 decreased by 1.
RMD was given price targets by several analysts. The highest price target was 85.06, implying potential capital gains of 9.73 percent. The lowest price target was 50, implying potential capital losses of -35.5 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -1.37 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.01 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.73 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of RMD's earnings is estimated by analysts to be 35.87 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. 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 RMD is 0.94.
RMD has traded between a high of 79.63 and a low of 56.59 over the past year. Today's price is 36.99 percent above the 52-week low, and below the high by 2.65 percent. RMD has a P/E ratio of 33.86. Investors typically compare the P/E ratio to a company's peers in the industry. The RMD value stock report compares RMD to some of its peers using value stock charts. The market cap of RMD is $11.01 billion. RMD will post this quarters earnings in days, on 0000-00-00.