Analyst Ratings for Great Plains Energy Inc. (GXP)Updated: 2017-07-28
Shares of Great Plains Energy Inc. (NYSE:GXP) have received a consensus rating of Overweight from Wall Street analysts. Last month, GXP received an average rating of Overweight.
Of the 11 analysts covering the stock, 5 gave it a buy rating, 1 issued an overweight rating, 5 gave 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.
Many analysts weighed in on price targets for GXP. The highest price target was 33, implying a possible profit of 7.74 percent. The most pessimistic price target was 27, implying potential capital losses of -11.85 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -4.81 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 -7.14 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.16 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.75 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.
The growth rate of GXP's earnings is estimated by analysts to be 33.29 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. GXP has a PEG ratio of 0.69.
In the trailing 52-weeks, GXP hit 30.64 at the highest peak, while it's lowest trading point was 25.85. Currently the stock is 18.49 percent higher than its low, and 0.03 percent below the high. GXP has a price/earnings ratio of 22.86. Investors typically compare the P/E ratio to a company's peers in the industry. The GXP value stock report compares GXP to some of its peers using value stock charts. The market cap of GXP is $6.56 billion. GXP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.