MilDef Group (MILDEF.ST) Stock Price

MilDef Group Price

OMX·CLOSED
181.50SEK-3.60 (-1.96 %)
Market closed

Over the last 6 years MilDef Group grew revenue by 35.3% annually, reaching 2.05 B SEK. Earnings per share have grown at 35.2% per year over the last 6 years. For MilDef Group, the net margin of 7.2% is up versus -0.1% a few years ago. At today's price the dividend yield works out to roughly 0.28%. The payout ratio is around 16% of earnings. The consensus 12-month price target for MilDef Group is 199.92 SEK, about 10.1% above where the stock trades today. Of 8 analysts, 7 rate the stock a buy — an overall Buy consensus. The stock trades about 65% above its 52-week low.

MilDef Group stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of MilDef Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how MilDef Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing MilDef Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

MilDef Group Stock Price History
DateMilDef Group Price
7/10/2026181.50 SEK
7/9/2026185.10 SEK
7/8/2026186.00 SEK
7/7/2026187.75 SEK
7/6/2026191.35 SEK
7/3/2026195.00 SEK
7/2/2026195.00 SEK
7/1/2026192.90 SEK
6/30/2026184.65 SEK
6/29/2026182.80 SEK
6/26/2026174.10 SEK
6/25/2026165.30 SEK
6/24/2026173.00 SEK
6/23/2026178.00 SEK
6/22/2026171.25 SEK
6/18/2026178.90 SEK
6/17/2026186.00 SEK
6/16/2026186.90 SEK
6/15/2026195.60 SEK
6/12/2026197.40 SEK
6/11/2026190.40 SEK
6/10/2026188.85 SEK
6/9/2026187.20 SEK
6/8/2026195.65 SEK
6/5/2026197.50 SEK
6/4/2026189.70 SEK
6/3/2026185.65 SEK
6/2/2026179.90 SEK
6/1/2026187.45 SEK
5/29/2026187.90 SEK
5/28/2026188.90 SEK
5/27/2026186.65 SEK
5/26/2026188.80 SEK
5/25/2026187.90 SEK
5/22/2026187.20 SEK
5/21/2026183.50 SEK
5/20/2026180.25 SEK
5/19/2026174.65 SEK
5/18/2026166.00 SEK
5/15/2026158.20 SEK
5/13/2026155.80 SEK
5/12/2026158.30 SEK
5/11/2026165.00 SEK
5/8/2026164.65 SEK
5/7/2026175.00 SEK
5/6/2026179.30 SEK
5/5/2026177.55 SEK
5/4/2026179.65 SEK
4/30/2026173.10 SEK
4/29/2026173.50 SEK
4/28/2026176.75 SEK
4/27/2026184.10 SEK
4/24/2026188.40 SEK
4/23/2026178.15 SEK
4/22/2026173.30 SEK
4/21/2026173.00 SEK
4/20/2026181.30 SEK
4/17/2026181.75 SEK
4/16/2026181.25 SEK
4/15/2026175.50 SEK
4/14/2026133.00 SEK
4/13/2026129.80 SEK
4/10/2026128.00 SEK
4/9/2026138.80 SEK
4/8/2026132.55 SEK
4/7/2026131.95 SEK
4/2/2026137.70 SEK
4/1/2026139.10 SEK
3/31/2026138.40 SEK
3/30/2026130.60 SEK
3/27/2026110.20 SEK
3/26/2026115.80 SEK
3/25/2026117.20 SEK
3/24/2026117.40 SEK
3/23/2026122.30 SEK
3/20/2026122.60 SEK
3/19/2026126.50 SEK
3/18/2026130.00 SEK
3/17/2026131.20 SEK
3/16/2026136.10 SEK
3/13/2026132.40 SEK
3/12/2026131.80 SEK
3/11/2026129.40 SEK
3/10/2026130.30 SEK
3/9/2026128.30 SEK
3/6/2026129.90 SEK
3/5/2026128.00 SEK
3/4/2026133.20 SEK
3/3/2026130.90 SEK
3/2/2026130.80 SEK
2/27/2026130.60 SEK
2/26/2026136.30 SEK
2/25/2026138.60 SEK
2/24/2026136.30 SEK
2/23/2026136.50 SEK
2/20/2026140.10 SEK
2/19/2026144.80 SEK
2/18/2026145.20 SEK
2/17/2026140.00 SEK
2/16/2026143.30 SEK
2/13/2026145.50 SEK
2/12/2026140.30 SEK
2/11/2026132.90 SEK
2/10/2026143.30 SEK
2/9/2026150.40 SEK
2/6/2026141.90 SEK
2/5/2026137.00 SEK
2/4/2026122.40 SEK
2/3/2026126.10 SEK
2/2/2026126.40 SEK
1/30/2026130.90 SEK
1/29/2026134.20 SEK
1/28/2026130.70 SEK
1/27/2026129.60 SEK
1/26/2026133.00 SEK
1/23/2026136.50 SEK
1/22/2026134.00 SEK
1/21/2026137.00 SEK
1/20/2026145.50 SEK
1/19/2026151.30 SEK
1/16/2026149.80 SEK
1/15/2026145.00 SEK
1/14/2026136.30 SEK
1/13/2026147.00 SEK
1/12/2026136.00 SEK
1/9/2026127.80 SEK
1/8/2026126.10 SEK
1/7/2026120.50 SEK
1/5/2026124.70 SEK
1/2/2026120.00 SEK
12/30/2025119.80 SEK
12/29/2025118.30 SEK
12/23/2025122.90 SEK
12/22/2025122.50 SEK
12/19/2025121.30 SEK
12/18/2025124.30 SEK
12/17/2025120.50 SEK
12/16/2025123.10 SEK
12/15/2025128.30 SEK
12/12/2025138.00 SEK
12/11/2025136.00 SEK
12/10/2025136.40 SEK
12/9/2025133.20 SEK
12/8/2025136.80 SEK
12/5/2025131.10 SEK
12/4/2025127.80 SEK
12/3/2025124.50 SEK
12/2/2025127.70 SEK
12/1/2025128.20 SEK
11/28/2025130.20 SEK
11/27/2025136.90 SEK
11/26/2025126.20 SEK
11/25/2025120.90 SEK
11/24/2025117.30 SEK
11/21/2025118.50 SEK
11/20/2025127.10 SEK
11/19/2025124.30 SEK
11/18/2025125.60 SEK
11/17/2025130.80 SEK
11/14/2025132.90 SEK
11/13/2025138.30 SEK
11/12/2025140.70 SEK
11/11/2025142.00 SEK
11/10/2025147.60 SEK
11/7/2025146.10 SEK
11/6/2025145.90 SEK
11/5/2025150.10 SEK
11/4/2025155.20 SEK
11/3/2025157.20 SEK
10/31/2025157.60 SEK
10/30/2025158.90 SEK
10/29/2025157.00 SEK
10/28/2025161.80 SEK
10/27/2025174.10 SEK
10/24/2025176.10 SEK
10/23/2025188.80 SEK
10/22/2025200.20 SEK
10/21/2025201.20 SEK
10/20/2025199.10 SEK
10/17/2025191.90 SEK
10/16/2025198.80 SEK
10/15/2025195.10 SEK
10/14/2025199.20 SEK
10/13/2025198.20 SEK
10/10/2025195.50 SEK
10/9/2025202.20 SEK
10/8/2025196.50 SEK
10/7/2025191.80 SEK
10/6/2025198.50 SEK
10/3/2025198.50 SEK
10/2/2025195.50 SEK
10/1/2025199.30 SEK
9/30/2025203.20 SEK
9/29/2025199.40 SEK
9/26/2025199.70 SEK
9/25/2025202.00 SEK
9/24/2025209.40 SEK
9/23/2025201.00 SEK
9/22/2025207.80 SEK
9/19/2025188.20 SEK
9/18/2025185.80 SEK
9/17/2025183.20 SEK
9/16/2025185.70 SEK
9/15/2025185.70 SEK
9/12/2025181.40 SEK
9/11/2025184.50 SEK
9/10/2025174.30 SEK
9/9/2025171.00 SEK
9/8/2025165.40 SEK
9/5/2025161.40 SEK
9/4/2025153.80 SEK
9/3/2025157.50 SEK
9/2/2025154.10 SEK
9/1/2025154.40 SEK
8/29/2025153.70 SEK
8/28/2025152.30 SEK
8/27/2025149.40 SEK
8/26/2025153.00 SEK
8/25/2025150.00 SEK
8/22/2025150.80 SEK
8/21/2025149.40 SEK
8/20/2025147.20 SEK
8/19/2025146.10 SEK
8/18/2025154.90 SEK
8/15/2025153.30 SEK
8/14/2025155.00 SEK
8/13/2025152.00 SEK
8/12/2025157.90 SEK
8/11/2025156.70 SEK
8/8/2025162.00 SEK
8/7/2025166.40 SEK
8/6/2025173.20 SEK
8/5/2025178.10 SEK
8/4/2025170.40 SEK
8/1/2025169.40 SEK
7/31/2025172.80 SEK
7/30/2025176.00 SEK
7/29/2025171.20 SEK
7/28/2025173.50 SEK
7/25/2025177.80 SEK
7/24/2025172.60 SEK
7/23/2025169.20 SEK
7/22/2025167.80 SEK
7/21/2025180.60 SEK
7/18/2025190.50 SEK
7/17/2025168.60 SEK
7/16/2025166.20 SEK
7/15/2025170.50 SEK
7/14/2025178.60 SEK
Access this data via the Eulerpool API

MilDef Group Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
469.60 M SEK
-3.80 M SEK
-700,000.00 SEK
Jan 1, 2022
738.80 M SEK
30.70 M SEK
14.20 M SEK
Jan 1, 2023
1.15 B SEK
107.20 M SEK
69.00 M SEK
Jan 1, 2024
1.20 B SEK
111.80 M SEK
-220.30 M SEK
Jan 1, 2025
2.05 B SEK
209.00 M SEK
147.70 M SEK
Jan 1, 2026 (e)
2.87 B SEK
378.32 M SEK
278.71 M SEK
Jan 1, 2027 (e)
3.39 B SEK
512.90 M SEK
385.05 M SEK
Jan 1, 2028 (e)
3.99 B SEK
634.66 M SEK
502.93 M SEK

MilDef Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 12, 2026, 10:08 AM
 
REVENUEB SEK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB SEK
NET INCOMEM SEK
NET INCOME GROWTH%
DIV.SEK
DIV. GROWTH%
SHARESM
20192020202120222023202420252026e2027e2028e
0.330.400.470.741.151.202.052.873.393.99
19.5217.8457.3655.964.2670.4240.3918.0417.65
37.2445.7344.7847.7048.3149.0844.9944.9944.9944.99
0.120.180.210.350.560.590.921.291.521.79
19.0042.0014.0069.00-220.00147.00278.00385.00502.00
121.05392.86-418.84-166.8289.1238.4930.39
0.750.500.500.750.750.75
50.00
36.8936.8926.2437.4039.8640.6046.8746.8746.8746.87
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales MilDef Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue MilDef Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare MilDef Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares MilDef Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against MilDef Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

MilDef Group stock margins

The MilDef Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of MilDef Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for MilDef Group.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
44.74 %
-0.81 %
-0.15 %
Jan 1, 2022
47.69 %
4.16 %
1.92 %
Jan 1, 2023
48.32 %
9.31 %
5.99 %
Jan 1, 2024
49.05 %
9.31 %
-18.34 %
Jan 1, 2025
44.99 %
10.22 %
7.22 %
Jan 1, 2026 (e)
44.99 %
13.18 %
9.71 %
Jan 1, 2027 (e)
44.99 %
15.13 %
11.36 %
Jan 1, 2028 (e)
44.99 %
15.92 %
12.61 %

MilDef Group Stock Revenue, EBIT, Earnings per Share

The MilDef Group earnings per share therefore indicates how much revenue MilDef Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
17.89 SEK
-0.14 SEK
-0.03 SEK
Jan 1, 2022
19.75 SEK
0.82 SEK
0.38 SEK
Jan 1, 2023
28.88 SEK
2.69 SEK
1.73 SEK
Jan 1, 2024
29.58 SEK
2.75 SEK
-5.43 SEK
Jan 1, 2025
43.63 SEK
4.46 SEK
3.15 SEK
Jan 1, 2026 (e)
60.94 SEK
8.07 SEK
5.92 SEK
Jan 1, 2027 (e)
71.94 SEK
10.94 SEK
8.17 SEK
Jan 1, 2028 (e)
84.63 SEK
13.54 SEK
10.68 SEK

MilDef Group business model & stock analysis

MilDef Group Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

MilDef Group historical P/E ratio, EBIT multiple, and P/S ratio

MilDef Group annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

MilDef Group shares outstanding

The number of shares of MilDef Group was 46.87 M in 2025. This indicates how many shares MilDef Group is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
26.24 M Stocks
Jan 1, 2022
37.40 M Stocks
Jan 1, 2023
39.86 M Stocks
Jan 1, 2024
40.60 M Stocks
Jan 1, 2025
46.87 M Stocks
Jan 1, 2026 (e)
46.87 M Stocks
Jan 1, 2027 (e)
46.87 M Stocks
Jan 1, 2028 (e)
46.87 M Stocks

MilDef Group Dividend History

4 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.75SEKYTD
May 22, 20260.75SEK 50.0%1/1
20250.50SEK 0.0%
May 23, 20250.50SEK 0.0%1/1
20240.50SEK 33.3%
20220.75SEK

MilDef Group dividend history and estimates

In 2025, MilDef Group paid a dividend amounting to 0.50 SEK. Dividend means that MilDef Group distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2022
0.75 SEK
0.00 SEK
Jan 1, 2024
0.50 SEK
0.00 SEK
Jan 1, 2025
0.50 SEK
0.00 SEK
Jan 1, 2026
0.75 SEK
0.00 SEK
Jan 1, 2027 (e)
0.00 SEK
0.75 SEK
Jan 1, 2028 (e)
0.00 SEK
0.75 SEK

MilDef Group dividend payout ratio

In 2025, MilDef Group had a payout ratio of 15.87%. The payout ratio indicates the percentage of the company's profits that MilDef Group distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
106.70 %
Jan 1, 2022
197.52 %
Jan 1, 2023
106.70 %
Jan 1, 2024
-9.21 %
Jan 1, 2025
15.87 %
Jan 1, 2026 (e)
12.68 %
Jan 1, 2027 (e)
9.18 %
Jan 1, 2028 (e)
7.03 %

Current MilDef Group forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
2.49 %
Buy87.50 % (7)
Hold12.50 % (1)
Sell0.00 % (0)
12M Price Target
199.92
Last Price
181.50
Currency
SEK
12M Return Potential
10.15 %
LTM Return
0 %

EESG©

Eulerpool ESG Scorecard© for the MilDef Group stock

70/100
29
Environment
99
Social
82
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees25
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

MilDef Group shareholder structure

% Name
7.41624%
Swedbank Robur Fonder AB
Swedbank Robur Fonder AB
5.08975%
Andra AP-Fonden
Andra AP-Fonden
4.98633%
Mildef Crete Inc
Mildef Crete Inc
3.09695%
DNCA Investments
DNCA Investments
3.03720%
Carnegie Fonder AB
Carnegie Fonder AB
2.99884%
Trolle (Marianne)
Trolle (Marianne)
...

MilDef Group Executives and Management Board

DL

Mr. Daniel Ljunggren

(45)

President, Chief Executive Officer

Compensation3.29 M SEK
BK

Mr. Bjorn Karlsson

(52)

Non-Executive Chairman of the Board · since 2018

Compensation505,000.00 SEK
LP

Mr. Lennart Pihl

(75)

Independent Director

Compensation325,000.00 SEK
CD

Ms. Charlotte Darth

(57)

Independent Director

Compensation275,000.00 SEK
CH

Mr. Christian Hammenborn

(60)

Independent Director

Compensation275,000.00 SEK

Frequently asked questions about MilDef Group

Analysts currently set an average price target of 201.45 SEK for the MilDef Group stock (median: 199.92 SEK), implying +11.0 % versus the latest price. The consensus is based on 8 analyst ratings.