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 highest price target was 24.5, implying potential capital gains of 6.94 percent. The lowest price target was 23, which equates to a potential downside of 0.39 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.35 percent. The average change in earnings estimates over the last 90 days is 15.27 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.62 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 20.34 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
PKY has traded between a high of 26.20 and a low of 16.39 over the past year. Today's price is 39.78 percent above the 52-week low, and 12.56 percent below the high. PKY has a price/earnings 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.