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.
A number of analysts gave price targets for PRTY. The highest price target was 21, which equates to a potential upside of 45.08 percent. The minimum price target given was 16, implying a possible loss of 10.54 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 2 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 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.4 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of PRTY to grow at a rate of 32.84 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PRTY is 0.47.
PRTY has traded between a high of 19.10 and a low of 12.65 over the past year. The current market price is above the trailing year's low by 14.43 percent, and 24.21 percent lower than its 52-week high. PRTY has a P/E 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 market cap of PRTY is $1.71 billion. PRTY will post this quarters earnings in days, on 0000-00-00.