Analyst Ratings for Glaukos Corp. (GKOS)Updated: 2017-07-28
Shares of Glaukos Corp. (NYSE:GKOS) have received a consensus rating of Buy from Wall Street analysts. Last month, GKOS received an average rating of Buy.
10 analysts declared GKOS a buy, 0 gave an overweight rating, 0 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for GKOS. The maximum price target given was 60, implying a possible profit of 46.82 percent. The lowest price target was 49, which equates to a potential downside of 19.91 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -15.48 percent. 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 26.47 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 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.
GKOS has an estimated earnings growth rate of 93.09 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. GKOS has a PEG ratio of 3.87.
GKOS has a 52-week high of 52.49 and a 52-week low of 28.26. The current market price is above the trailing year's low by 44.6 percent, and below the high by 22.15 percent. GKOS has a price/earnings ratio of 360.56. Investors typically compare the P/E ratio to a company's peers in the industry. The GKOS value stock report compares GKOS to some of its peers using value stock charts. The market cap of GKOS is $1.41 billion. GKOS's next earnings release will be on 0000-00-00, which is days away.