Analyst Ratings for Carmike Cinemas, Inc. (CKEC)Updated: 2016-12-21
CKEC was given price targets by several analysts. The most optimistic analyst gave a price target of 33.06, implying potential capital gains of -1.02 percent. The most pessimistic price target was 32.75, implying potential capital losses of -1.95 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5 percent. The average change in earnings estimates over the last 90 days is -23.68 percent. Meanwhile, fiscal year estimates have been revised downwards by -6.11 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -22.05 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.
The growth rate of CKEC's earnings is estimated by analysts to be -72.07 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CKEC is -1.94.
In the last 52-weeks, CKEC has achieved a high of 34.53 and a low of 18.51. The current market price is above the trailing year's low by 80.44 percent, and below the high by 3.27 percent. CKEC has a price/earnings ratio of 139.91. Investors typically compare the P/E ratio to a company's peers in the industry. The CKEC value stock report compares CKEC to some of its peers using value stock charts. The stock has a market capitalization of $0.81825 billion. CKEC's next earnings release will be on 2017-02-27, which is -819 days away.