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.
Many analysts weighed in on price targets for PKY. The most optimistic price target was 24.5, which equates to a potential upside of 6.94 percent. The most pessimistic analyst gave a price target of 23, implying potential capital losses of 0.39 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
PKY has traded between a high of 26.20 and a low of 16.39 over the past year. The current market price is above the trailing year's low by 39.78 percent, and 12.56 percent lower than its 52-week 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 stock has a market capitalization of $1.13 billion. PKY is estimated to release their earnings results for the quarter on 0000-00-00, days from today.