Analyst Ratings for Carmike Cinemas, Inc. (CKEC)Updated: 2016-12-21
Many analysts weighed in on price targets for CKEC. The highest price target was 33.06, implying a possible profit of -1.02 percent. The minimum price target given was 32.75, implying a possible loss 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -23.68 percent. Meanwhile, fiscal year estimates have been revised downwards by -6.11 percent, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
The growth rate of CKEC's earnings is estimated by analysts to be -72.07 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. CKEC has a PEG ratio of -1.94.
In the trailing 52-weeks, CKEC hit 34.53 at the highest peak, while it's lowest trading point was 18.51. Today's price is 80.44 percent above the 52-week low, and 3.27 percent below the 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 stock has a market capitalization of $0.81825 billion. CKEC is estimated to release their earnings results for the quarter on 2017-02-27, days from today.