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.

A number of analysts gave price targets for GK. The highest price target was 97.5, which equates to a potential upside of 2.48 percent. The most pessimistic analyst gave a price target of 97, implying potential capital losses 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -5.79 percent on average, compared to last month. That number becomes -5.79 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -3.72 percent. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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, compared to 5 analysts that revised their FY estimates downwards.

GK has an estimated earnings growth rate of 27.44 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at 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. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. GK has a PEG ratio of 1.22.

GK has traded between a high of 98.21 and a low of 63.35 over the past year. Today's price is 50.18 percent above the 52-week low, and 3.13 percent below the high. 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 stock has a market capitalization of $1.87 billion. GK will post this quarters earnings in days, on 0000-00-00.