Analyst Ratings for Parkway Inc. (PKY)Updated: 2017-07-29
Analysts covering Parkway Inc. (NYSE:PKY) have given it a consensus rating of Hold. A consensus rating of Overweight was previously issued for PKY last month.
0 analysts declared PKY a buy, 0 issued an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for PKY by the analysts covering the stock. The most optimistic price target was 24.5, implying a possible profit of 6.94 percent. The most pessimistic analyst gave a price target of 23, which equates to a potential downside of 0.39 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.35 percent. That number becomes 15.27 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.62 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 20.34 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, PKY has achieved a high of 26.20 and a low of 16.39. The current market price is above the trailing year's low by 39.78 percent, and below the high by 12.56 percent. PKY has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The PKY value stock report compares PKY to some of its peers using value stock charts. The market cap of PKY is $1.13 billion. PKY is estimated to release their earnings results for the quarter on 0000-00-00, days from today.