Analyst Ratings for Press Ganey Holdings Inc (PGND)Updated: 2016-08-20
Several price targets were given for PGND by the analysts covering the stock. The highest price target was 45, which equates to a potential upside of 10.86 percent. The lowest price target was 38, implying potential capital losses of -6.38 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.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.49 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.49 percent. Meanwhile, fiscal year estimates have been revised upwards by 2.41 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.41 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
The growth rate of PGND's earnings is estimated by analysts to be 65.12 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. PGND has a PEG ratio of 1.22.
In the trailing 52-weeks, PGND hit 42.09 at the highest peak, while it's lowest trading point was 23.68. The current market price is above the trailing year's low by 71.41 percent, and 3.56 percent lower than its 52-week high. PGND has a price/earnings ratio of 79.16. Investors typically compare the P/E ratio to a company's peers in the industry. The PGND value stock report compares PGND to some of its peers using value stock charts. The stock has a market capitalization of $2.15 billion. PGND is estimated to release their earnings results for the quarter on 0000-00-00, days from today.