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.
Many analysts weighed in on price targets for PLKI. The maximum price target given was 72, implying potential capital gains of 10.26 percent. The lowest price target was 56, implying potential capital losses of -14.24 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
Analysts estimate earnings of PLKI to grow at a rate of 24.11 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.
PLKI has traded between a high of 66.48 and a low of 49.11 over the past year. The current market price is above the trailing year's low by 32.97 percent, and 1.77 percent below the 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 market cap of PLKI is $1.37 billion. PLKI will post this quarters earnings in -629 days, on 2017-02-21.