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.
Several price targets were given for GXP by the analysts covering the stock. The most optimistic analyst gave a price target of 33, implying a possible profit of 7.74 percent. The minimum price target given was 27, implying a possible loss of -11.85 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.
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. Meanwhile, fiscal year estimates have been revised upwards by 1.16 percent, compared to last month. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of GXP to grow at a rate of 33.29 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. GXP has a PEG ratio of 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 below the high by 0.03 percent. 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 will post this quarters earnings in days, on 0000-00-00.