Analyst Ratings for Popeyes Louisiana Kitchen Inc (PLKI)Updated: 2017-02-13
Analysts covering Popeyes Louisiana Kitchen Inc (NASDAQ:PLKI) have given it a consensus rating of Overweight. About 30 days ago, PLKI was issued an average rating of Overweight.
3 analysts declared PLKI a buy, 0 gave an overweight rating, 7 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for PLKI by the analysts covering the stock. The most optimistic price target was 72, implying potential capital gains of 10.26 percent. The lowest price target was 56, implying a possible loss of -14.24 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -1.97 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 upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
PLKI has an estimated earnings growth rate of 24.11 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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 PLKI is 1.39.
In the last 52-weeks, PLKI has achieved a high of 66.48 and a low of 49.11. Currently the stock is 32.97 percent higher than its low, and 1.77 percent lower than its 52-week high. PLKI has a price/earnings ratio of 33.41. Investors typically compare the P/E ratio to a company's peers in the industry. The PLKI value stock report compares PLKI to some of its peers using value stock charts. The stock has a market capitalization of $1.37 billion. PLKI will post this quarters earnings in -700 days, on 2017-02-21.