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.

Many analysts weighed in on price targets for PKI. The maximum price target given was 80, which equates to a potential upside of 21.04 percent. The most pessimistic price target was 43, implying a possible loss of -34.94 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 upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0.76 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.24 percent in FY estimates.

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 0 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of PKI to grow at a rate of 35.69 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 below the high by 5.79 percent. PKI has a price/earnings 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 market cap of PKI is $7.51 billion. PKI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.