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 most optimistic price target was 80, implying potential capital gains of 21.04 percent. The lowest price target 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.

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. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 1.24 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of PKI to grow at a rate of 35.69 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. PKI has a PEG ratio of 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 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 stock has a market capitalization of $7.51 billion. PKI's next earnings release will be on 0000-00-00, which is days away.