Analyst Ratings for Nortek Inc (NTK)

Updated: 2016-08-31

Many analysts weighed in on price targets for NTK. The maximum price target given was 86, implying a possible profit of 0.07 percent. The most pessimistic analyst gave a price target of 86, which equates to a potential downside of 0.07 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -5.32 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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 decreased their 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. 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, but many choose to perform ratio comparisons with other companies 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. Currently the stock is 153.88 percent higher than its low, and 2.67 percent below the 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 -867 days away.