Analyst Ratings for G&K Services Inc (GK)

Updated: 2017-02-13

G&K Services Inc (NASDAQ:GK) was awarded an average rating of Hold from investment analysts following the stock. GK had previously received a consensus rating of Hold a month ago.

A buy rating was issued by 0 analysts, 0 gave an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for GK. The highest price target was 97.5, which equates to a potential upside of 2.48 percent. The minimum price target given was 97, implying potential capital losses of 1.96 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -5.79 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.79 percent. Meanwhile, fiscal year estimates have been revised downwards by -3.72 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.98 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 4 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 5 analysts that revised their FY estimates downwards.

The growth rate of GK's earnings is estimated by analysts to be 27.44 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. GK has a PEG ratio of 1.22.

In the trailing 52-weeks, GK hit 98.21 at the highest peak, while it's lowest trading point was 63.35. Currently the stock is 50.18 percent higher than its low, and 3.13 percent below the high. GK has a P/E ratio of 33.39. Investors typically compare the P/E ratio to a company's peers in the industry. The GK value stock report compares GK to some of its peers using value stock charts. The market cap of GK is $1.87 billion. GK's next earnings release will be on 0000-00-00, which is days away.