Analyst Ratings for Party City Holdco Inc. (PRTY)Updated: 2017-07-27
Analysts covering Party City Holdco Inc. (NYSE:PRTY) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for PRTY last month.
Of the 11 analysts covering the stock, 5 gave it a buy rating, 0 gave an overweight rating, 6 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for PRTY. The most optimistic analyst gave a price target of 21, implying a possible profit of 45.08 percent. The most pessimistic price target was 16, implying a possible loss of 10.54 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 0 percent. That number becomes 2 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.4 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
PRTY has an estimated earnings growth rate of 32.84 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. PRTY has a PEG ratio of 0.47.
In the trailing 52-weeks, PRTY hit 19.10 at the highest peak, while it's lowest trading point was 12.65. Today's price is 14.43 percent above the 52-week low, and 24.21 percent below the high. PRTY has a price/earnings ratio of 15.37. Investors typically compare the P/E ratio to a company's peers in the industry. The PRTY value stock report compares PRTY to some of its peers using value stock charts. The stock has a market capitalization of $1.71 billion. PRTY's next earnings release will be on 0000-00-00, which is days away.