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.
Investment analysts gave a few price targets for PKY. The maximum price target given was 24.5, implying potential capital gains of 6.94 percent. The most pessimistic price target was 23, which equates to a potential downside of 0.39 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 1.35 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 15.27 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.62 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 20.34 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
PKY has a 52-week high of 26.20 and a 52-week low of 16.39. Today's price is 39.78 percent above the 52-week low, and 12.56 percent below the high. 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 stock has a market capitalization of $1.13 billion. PKY will post this quarters earnings in days, on 0000-00-00.