Analyst Ratings for PerkinElmer Inc. (PKI)

Updated: 2017-07-26

Shares of PerkinElmer Inc. (NYSE:PKI) have received a consensus rating of Hold from Wall Street analysts. PKI had previously received a consensus rating of Hold a month ago.

A buy rating was issued by 4 analysts, 1 issued an overweight rating, 7 issued a hold rating, 1 issued an underweight rating, and 3 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for PKI by the analysts covering the stock. The most optimistic analyst gave a price target of 80, which equates to a potential upside of 21.04 percent. The minimum price target given was 43, implying a possible loss of -34.94 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 upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0.76 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.24 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of PKI to grow at a rate of 35.69 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. 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. The PEG ratio of PKI is 0.91.

In the trailing 52-weeks, PKI hit 70.16 at the highest peak, while it's lowest trading point was 45.35. The current market price is above the trailing year's low by 45.74 percent, and 5.79 percent lower than its 52-week high. PKI has a P/E ratio of 32.39. Investors typically compare the P/E ratio to a company's peers in the industry. The PKI value stock report compares PKI to some of its peers using value stock charts. The stock has a market capitalization of $7.51 billion. PKI will post this quarters earnings in days, on 0000-00-00.