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.
Investment analysts gave a few 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 analyst gave a price target of 16, which equates to a potential downside of 10.54 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 2 percent. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
PRTY has an estimated earnings growth rate of 32.84 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, 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 a 52-week high of 19.10 and a 52-week low of 12.65. Today's price is 14.43 percent above the 52-week low, 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 stock has a market capitalization of $1.71 billion. PRTY will post this quarters earnings in days, on 0000-00-00.