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 most optimistic analyst gave a price target of 97.5, which equates to a potential upside of 2.48 percent. The most pessimistic analyst gave a price target of 97, implying a possible loss of 1.96 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5.79 percent. The average change in earnings estimates over the last 90 days is -5.79 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -3.72 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -3.98 percent in FY estimates.

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, which can be compared to the 4 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 5 analysts made negative revisions to their fiscal year's estimates.

GK has an estimated earnings growth rate of 27.44 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of GK is 1.22.

GK has a 52-week high of 98.21 and a 52-week low of 63.35. Today's price is 50.18 percent above the 52-week low, 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 will post this quarters earnings in days, on 0000-00-00.