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.

PNK was given price targets by several analysts. The maximum price target given was 26, implying a possible profit of 36.05 percent. The lowest price target was 19, implying a possible loss of -0.58 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.08 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

In the last 52-weeks, PNK has achieved a high of 22.10 and a 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 stock has a market capitalization of $1.14 billion. PNK will post this quarters earnings in days, on 0000-00-00.