Analyst Ratings for Nortek Inc (NTK)Updated: 2016-08-31
A number of analysts gave price targets for NTK. The highest price target was 86, implying a possible profit of 0.07 percent. The minimum price target given was 86, which equates to a potential downside of 0.07 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -5.32 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
NTK has an estimated earnings growth rate of 270.16 percent as forecasted by analysts. 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. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of NTK is 0.5.
NTK has a 52-week high of 88.30 and a 52-week low of 33.85. The current market price is above the trailing year's low by 153.88 percent, and 2.67 percent lower than its 52-week high. 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 market cap of NTK is $1.4 billion. NTK's next earnings release will be on 2016-11-01, which is -1053 days away.