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 highest price target was 33, implying potential capital gains of 7.74 percent. The most pessimistic analyst gave a price target of 27, implying potential capital losses of -11.85 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.16 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.75 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's 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. 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 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 market cap of GXP is $6.56 billion. GXP will post this quarters earnings in days, on 0000-00-00.