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 price target was 80, which equates to a potential upside of 21.04 percent. The most pessimistic analyst gave a price target of 43, implying a possible loss of -34.94 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

PKI has an estimated earnings growth rate of 35.69 percent as forecasted by analysts. 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, 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PKI is 0.91.

PKI has traded between a high of 70.16 and a low of 45.35 over the past year. The current market price is above the trailing year's low by 45.74 percent, and 5.79 percent below the 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's next earnings release will be on 0000-00-00, which is days away.