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.

A number of analysts gave price targets for RMD. The maximum price target given was 85.06, implying a possible profit of 9.73 percent. The most pessimistic analyst gave a price target of 50, implying potential capital losses of -35.5 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -1.37 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.01 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.73 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 2 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.

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. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of RMD is 0.94.

In the trailing 52-weeks, RMD hit 79.63 at the highest peak, while it's lowest trading point was 56.59. Currently the stock is 36.99 percent higher than its 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.