Analyst Ratings for Nortek Inc (NTK)Updated: 2016-08-31
NTK was given price targets by several analysts. The maximum price target given was 86, implying potential capital gains of 0.07 percent. The most pessimistic analyst gave a price target of 86, implying a possible loss of 0.07 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 upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -5.32 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, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of NTK's earnings is estimated by analysts to be 270.16 percent. The PEG ratio of a stock is another value frequently studied by investors. 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. NTK has a PEG ratio of 0.5.
NTK has traded between a high of 88.30 and a low of 33.85 over the past year. Today's price is 153.88 percent above the 52-week low, and below the high by 2.67 percent. NTK has a P/E ratio of 134.22. Investors typically compare the P/E ratio to a company's peers in the industry. The NTK value stock report compares NTK to some of its peers using value stock charts. The stock has a market capitalization of $1.4 billion. NTK is estimated to release their earnings results for the quarter on 2016-11-01, days from today.