Analyst Ratings for Pinnacle Entertainment Inc. (PNK)

Updated: 2017-07-28

Analysts covering Pinnacle Entertainment Inc. (NASDAQ:PNK) have given it a consensus rating of Overweight. PNK had previously received a consensus rating of Overweight a month ago.

7 analysts declared PNK a buy, 0 gave an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for PNK. The most optimistic analyst gave a price target of 26, implying potential capital gains of 36.05 percent. The most pessimistic price target was 19, which equates to a potential downside of -0.58 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -2.08 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 96.2 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.45 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 76.28 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

PNK has a 52-week high of 22.10 and a 52-week low of 10.54. Currently the stock is 81.31 percent higher than its low, and 13.53 percent below the high. PNK has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The PNK value stock report compares PNK to some of its peers using value stock charts. The market cap of PNK is $1.14 billion. PNK is estimated to release their earnings results for the quarter on 0000-00-00, days from today.