Looking at top Wall Street opinions, Avaya Holdings Corp. (NYSE: AVYA) has recently made its way into the research list of Guggenheim – signaling that their analyst’s rating adjustment is noteworthy. This stock was Buy in the eyes of Guggenheim, as reported on Tuesday, March 12th, 2019. Another heavy-hitting research note was published by Barclays on Friday January 25th, 2019, with this firm upgrading AVYA to an updated rating of Overweight from its previous rating of Equal Weight. In the past six months and three months of trading, shares of Avaya Holdings Corp. (AVYA) have moved by -33.80% and -30.57%, respectively.
Brokerage Updates Related to Avaya Holdings Corp. (AVYA) Stock
This publicly-traded organization generated losses of -2.97% over the last 5 sessions. Right now, this stock is the subject of 8 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a Single analyst have given underperform rating or sell rating, and 2 have given a rating of Buy or better. Based on the 8 stock market experts following this company, the average 12-month price target is $18.69. Moreover, individual price targets range between $12.00-$24.00. With its recent move to $19.25, we can see that these firms project this stock will loss by -50.31% in one year.
Updates from Avaya Holdings Corp. (AVYA) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 1.00% rise since the beginning of the calendar year.
Avaya Holdings Corp. (NYSE:AVYA) Results in the Pipeline
The next scheduled release of financial results for Avaya Holdings Corp. will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.75. In the same vein, they expect sales for the quarter to amount to $748.81 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $714.00 million in revenue alongside EPS at $0.87. On average, the analyst projection was calling for $748.00 million with $0.98 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $770.00 million, with earnings per share ending up at $3.73.
New Age Beverages Corporation (NASDAQ:NBEV) experienced a drop of -1.67% from the closing price in the previous trading day. That drove the price to $3.54 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 2,645,556 shares of stock – compared to the typical average of 2.83M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $8.25.
Pricing Indications for New Age Beverages Corporation (NBEV)
This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 4.21 from its observable 50-day simple moving average. Right at this moment, the per-share value is -30.86% lower than the mean per-share price over the last 200 days in the market.
New Age Beverages Corporation (NASDAQ:NBEV) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 1 have a Buy rating, 2 have an outperform rating, while 1 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.00, based on information from Thomson Reuters.
NBEV Stock Value Potential
In trading activity as of late, this stock’s value was 5.11 up from its 200 day moving average, while also -16.54% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $5.00-$11.00. The market value for the entire organization reached 252.83M. In the last trading session, the price ended the day at $3.60. The institutional holdings related to this organization account for 5.00%, and the Beta factor is now 2.32. This company’s RSI (Relative Strength Index) managed to hit 40.60.
New Age Beverages Corporation (NASDAQ:NBEV) Analyst Points of Focus
New Age Beverages Corporation (NBEV) has found itself inside of Northland Capital’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Market Perform, compared to its previous rating of Outperform by Northland Capital, as garnered from a news report on Monday July 22nd, 2019. An additional helpful research note was sent out by Alliance Global Partners’s on Tuesday March 26th, 2019. The brokerage decided to initiated NBEV to Buy.