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.
A number of analysts gave price targets for GXP. The highest price target was 33, implying a possible profit of 7.74 percent. The minimum price target given was 27, implying a possible loss of -11.85 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 downwards by an average of -4.81 percent. That number becomes -7.14 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.
Analysts estimate earnings of GXP to grow at a rate of 33.29 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of GXP is 0.69.
GXP has traded between a high of 30.64 and a low of 25.85 over the past year. The current market price is above the trailing year's low by 18.49 percent, and 0.03 percent below the high. GXP has a P/E 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 stock has a market capitalization of $6.56 billion. GXP's next earnings release will be on 0000-00-00, which is days away.