Analyst Ratings for Time Inc. (TIME)Updated: 2017-07-27
Time Inc. (NYSE:TIME) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, TIME was issued an average rating of Overweight.
2 analysts declared TIME a buy, 0 gave an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
TIME was given price targets by several analysts. The most optimistic price target was 18, which equates to a potential upside of 22.45 percent. The minimum price target given was 13, implying a possible loss of -11.56 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -52.77 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.8 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 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
In the last 52-weeks, TIME has achieved a high of 20.40 and a low of 11.65. The current market price is above the trailing year's low by 26.18 percent, and below the high by 27.94 percent. TIME has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The TIME value stock report compares TIME to some of its peers using value stock charts. The stock has a market capitalization of $1.47 billion. TIME's next earnings release will be on 0000-00-00, which is days away.