AngioDynamics Stock Target Price and Analyst Consensus

ANGO Stock  USD 9.64  0.18  1.90%   
The current analyst and expert consensus on AngioDynamics is Hold, with 0 strong buy opinions. The current projected AngioDynamics target price consensus is 24.0 with 2 analyst opinions. The most common way AngioDynamics analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview AngioDynamics executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on AngioDynamics. We encourage you to use your own analysis of AngioDynamics to validate this buy or sell advice. AngioDynamics buy-or-sell recommendation module provides average expert sentiment on the projected AngioDynamics target price to derive its highest and lowest estimates based on projected price volatility of 15.556. Check out Macroaxis Advice on AngioDynamics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in AngioDynamics Stock, please use our How to Invest in AngioDynamics guide.
  
As of 2nd of June 2023, Gross Profit is likely to drop to about 145.1 M. In addition to that, Profit Margin is likely to drop to -0.08. AngioDynamics Debt Current is very stable at the moment as compared to the past year. AngioDynamics reported last year Debt Current of 6.75 Million. As of 2nd of June 2023, Debt Non Current is likely to grow to about 23.1 M, while Inventories is likely to drop about 45.6 M.

AngioDynamics Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. AngioDynamics target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. AngioDynamics' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
Number of Opinions3
Lowered Outlook0
Raized Outlook0
Hold
Most AngioDynamics analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand AngioDynamics stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of AngioDynamics, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

AngioDynamics Target Price Projection

AngioDynamics' current and average target prices are 9.64 and 24.00, respectively. The current price of AngioDynamics is the price at which AngioDynamics is currently trading. On the other hand, AngioDynamics' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

AngioDynamics Market Quote on 2nd of June 2023

Low Price9.29Odds
High Price9.74Odds

9.64

Target Price

Analyst Consensus On AngioDynamics Target Price

Low Estimate13.0Odds
High Estimate35.0Odds
Number of Analysts2
Standard Deviation15.556

24.0

Historical Target Price  24.0 Highest Forecast  35.0 Lowest Forecast  13.0
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on AngioDynamics and the information provided on this page.

AngioDynamics Analyst Ratings

AngioDynamics' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about AngioDynamics stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of AngioDynamics' financials, market performance, and future outlook by experienced professionals. AngioDynamics' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize AngioDynamics price targets

AngioDynamics' stock target price is an estimate of its future price, usually made by analysts. Using AngioDynamics' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at AngioDynamics' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if AngioDynamics' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional AngioDynamics Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of AngioDynamics is a key component of AngioDynamics valuation and have some predictive power on the future returns of a AngioDynamics.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of AngioDynamics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of AngioDynamics in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
5.249.6414.04
Details
Intrinsic
Valuation
LowRealHigh
8.9313.3317.73
Details
Naive
Forecast
LowNextHigh
4.839.2313.62
Details
Earnings
Estimates (4)
LowProjected EPSHigh
0.020.030.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AngioDynamics. Your research has to be compared to or analyzed against AngioDynamics' peers to derive any actionable benefits. When done correctly, AngioDynamics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in AngioDynamics.

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Check out Macroaxis Advice on AngioDynamics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in AngioDynamics Stock, please use our How to Invest in AngioDynamics guide. Note that the AngioDynamics information on this page should be used as a complementary analysis to other AngioDynamics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running AngioDynamics' price analysis, check to measure AngioDynamics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AngioDynamics is operating at the current time. Most of AngioDynamics' value examination focuses on studying past and present price action to predict the probability of AngioDynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AngioDynamics' price. Additionally, you may evaluate how the addition of AngioDynamics to your portfolios can decrease your overall portfolio volatility.
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The data published in AngioDynamics' official financial statements usually reflect AngioDynamics' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of AngioDynamics. For example, before you start analyzing numbers published by AngioDynamics accountants, it's critical to develop an understanding of what AngioDynamics' liquidity, profitability, and earnings quality are in the context of the Health Care Equipment & Supplies space in which it operates.
Please note, the presentation of AngioDynamics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, AngioDynamics' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in AngioDynamics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of AngioDynamics. Please utilize our Beneish M Score to check the likelihood of AngioDynamics' management manipulating its earnings.