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.

GKOS was given price targets by several analysts. The most optimistic price target was 60, implying potential capital gains of 46.82 percent. The most pessimistic price target was 49, which equates to a potential downside of 19.91 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -15.48 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 26.47 percent in FY estimates.

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 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of GKOS to grow at a rate of 93.09 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of GKOS is 3.87.

GKOS has traded between a high of 52.49 and a low of 28.26 over the past year. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.