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.

Investment analysts gave a few price targets for GK. The most optimistic analyst gave a price target of 97.5, which equates to a potential upside of 2.48 percent. The minimum price target given was 97, implying a possible loss of 1.96 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -5.79 percent. The average change in earnings estimates over the last 90 days is -5.79 percent. Meanwhile, fiscal year estimates have been revised downwards by -3.72 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -3.98 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 4 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 5 analysts decreased their estimates.

Analysts estimate earnings of GK to grow at a rate of 27.44 percent. Another measure frequently examined by investors is 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. GK has a PEG ratio of 1.22.

GK has a 52-week high of 98.21 and a 52-week low of 63.35. The current market price is above the trailing year's low by 50.18 percent, and below the high by 3.13 percent. GK has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.