Analyst Ratings for Carmike Cinemas, Inc. (CKEC)Updated: 2016-12-21
Investment analysts gave a few price targets for CKEC. The most optimistic analyst gave a price target of 33.06, which equates to a potential upside of -1.02 percent. The minimum price target given was 32.75, implying a possible loss of -1.95 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -23.68 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -6.11 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -22.05 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
CKEC has an estimated earnings growth rate of -72.07 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CKEC is -1.94.
In the trailing 52-weeks, CKEC hit 34.53 at the highest peak, while it's lowest trading point was 18.51. The current market price is above the trailing year's low by 80.44 percent, and 3.27 percent lower than its 52-week high. CKEC has a P/E 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 market cap of CKEC is $0.81825 billion. CKEC is estimated to release their earnings results for the quarter on 2017-02-27, days from today.