Investors braced for a bumpy ride ahead of Polycom's
What analysts say:
- Buy, sell, or hold?: Analysts strongly back Polycom, with 10 of 17 rating it a buy and the remainder rating it a hold. Analysts like Polycom better than competitor Motorola overall. While analysts still rate the stock a moderate buy, they are a little more optimistic about it than they were three months ago.
- Revenue forecasts: On average, analysts predict $362.9 million in revenue this quarter. That would represent a rise of 23.2% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.20 per share. Estimates range from $0.18 to $0.22 cents.
What our community says:
CAPS All Stars are solidly backing the stock with 91.7% assigning it an "outperform" rating. The community at large concurs with the All Stars with 90.4% giving it a rating of "outperform." Fools are keen on Polycom, though the message boards have been quiet lately with only 83 posts in the past 30 days. Polycom's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
Polycom's profit has risen year over year by an average of more than twofold. The company raised its gross margin by 2.1 percentage points in the last quarter. Revenue rose 24.6% while cost of sales rose 18.5% to $138.4 million from a year earlier.
One final thing: If you want to keep tabs on Polycom movements, and for more analysis on the company, make sure you add it to your Watchlist.
Motley Fool newsletter services have recommended buying shares of Polycom. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.