Perkinelmer, Inc. (PKI) Stock Forecast & Predictions

Perkinelmer, Inc. PKI: $132.78

155 Federal St Ste 700, Boston, Massachusetts, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.perkinelmer.com/

  • Market Cap$14.88B
  • Change (52 Weeks)69.13%
  • Low (52 Weeks)$77.91
  • Perkinelmer, Inc. (PKI) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Perkinelmer, Inc. (PKI) stock price is $132.78 and the 52 weeks low is $77.91, which means the Perkinelmer, Inc. stock price is up 69.13% in the last 12 months.

    Perkinelmer, Inc. (PKI) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that PKI Stock price might rise further, 31.25% indicating that PKI Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall PKI stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Perkinelmer, Inc. (PKI) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Perkinelmer, Inc. (PKI) is based on 20 Institutional Analyst Ratings where 30.00% are on Strong Buy, 25.00% on Moderate Buy, 45.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 20 Institutional Analysts, majority recommended PKI stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Perkinelmer, Inc..

    Perkinelmer, Inc. (PKI) Stock Price Prediction By Analysts


    HighLowAverage
    $202.65$136.35$164.15
    $164.1523.62% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for PKI set by the institutional analysts is $164.15 where High Estimate is $202.65, Median $163.2 and Low $136.35.

    The average price target for PKI by Institutional Analysts is $164.15, which is 23.62% Upside from the current price. So according to the Institutional Analysts, PKI Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Perkinelmer, Inc. (PKI) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 381,013 investor portfolio.

    Our algorithm has analysed 381,013 investor portfolio with PKI stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about PKI and holding their positions hoping for a further rise in the stock price and more profit.

    Perkinelmer, Inc. (PKI) Stock Forecast Based on News Sentiment


    Neutral
    Based on 2 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of PKI consisting of positive and negative, it shows that Perkinelmer, Inc. had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so PKI stock price most likey won't have any reaction to last weeks news coverage.

    Perkinelmer, Inc. (PKI) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Wells FargoOverweightUpgraded
    KeyBancSector WeightInitiated
    NeedhamBuyMaintained
    Wells FargoEqual-WeightMaintained
    NeedhamBuyUpgraded
    StifelBuyMaintained
    JP MorganNeutralMaintained
    UBSNeutralMaintained
    JP MorganNeutralMaintained
    CFRAHoldMaintained
    BairdOutperformMaintained
    UBSNeutralMaintained
    CitigroupNeutralMaintained
    StifelBuyMaintained
    Wells FargoEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    CitigroupNeutralMaintained
    UBSNeutralMaintained
    Wells FargoEqual-WeightInitiated
    CitigroupNeutralInitiated
    Evercore ISI GroupOutperformUpgraded
    Stifel NicolausBuyInitiated
    Piper JaffrayNeutralDowngraded
    UBSNeutralMaintained
    Bank of AmericaBuyUpgraded
    UBSNeutralMaintained
    Goldman SachsConviction BuyUpgraded
    ScotiabankSector PerformDowngraded
    NeedhamHoldInitiated
    Morgan StanleyOverweightMaintained
    Janney CapitalNeutralDowngraded
    Morgan StanleyOverweightMaintained
    BarclaysEqual-WeightUpgraded
    Morgan StanleyOverweightMaintained
    BarclaysUnderweightMaintained
    Bank of AmericaNeutralMaintained
    Morgan StanleyOverweightMaintained
    Bank of AmericaNeutralMaintained
    BairdOutperformMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankHoldMaintained
    BarclaysUnderweightMaintained
    Evercore ISI GroupIn-LineInitiated
    Bank of AmericaNeutralUpgraded
    Morgan StanleyOverweightMaintained
    BairdOutperformMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    Wells FargoMarket PerformInitiated
    Morgan StanleyOverweightMaintained
    Cantor FitzgeraldNeutralDowngraded
    Janney CapitalBuyUpgraded
    Bank of AmericaUnderperformDowngraded
    Deutsche BankHoldInitiated
    UBSBuyMaintained
    MizuhoNeutralDowngraded
    JP MorganNeutralMaintained
    JefferiesHoldMaintained
    BarclaysUnderweightMaintained
    Bank of AmericaNeutralDowngraded
    BarclaysUnderweightInitiated
    Stifel NicolausBuyMaintained
    Cowen & Co.Market PerformDowngraded
    Deutsche BankHoldInitiated
    Goldman SachsSellDowngraded
    WedbushNeutralDowngraded
    Cantor FitzgeraldBuyInitiated
    CitigroupBuyMaintained
    Stifel NicolausBuyMaintained
    KeyBancSector WeightDowngraded
    UBSInitiated
    JP MorganNeutralDowngraded
    Goldman SachsNeutralDowngraded
    Morgan StanleyOverweightInitiated
    Stifel NicolausBuyInitiated
    JP MorganOverweightMaintained
    Janney CapitalBuyUpgraded
    JP MorganOverweightMaintained
    JefferiesHoldMaintained
    ISI GroupNeutralDowngraded
    UBSBuyMaintained
    Cowen & Co.OutperformUpgraded
    Bank of AmericaBuyMaintained
    MacquarieOutperformUpgraded
    JefferiesHoldMaintained
    PiperJaffrayOverweightInitiated
    PiperJaffrayOverweightInitiated
    Janney CapitalNeutralInitiated
    ISI GroupBuyDowngraded
    CitigroupNeutralInitiated
    UBSBuyMaintained
    JefferiesHoldMaintained
    CLSABuyUpgraded
    Morgan StanleyOverweightUpgraded
    Morgan StanleyOverweightUpgraded
    UBSBuyMaintained
    JefferiesHoldMaintained
    JP MorganOverweightInitiated
    Cowen & Co.NeutralInitiated
    BarclaysEqual-WeightMaintained
    ISI GroupOverweightInitiated
    UBSBuyMaintained
    JefferiesHoldMaintained
    Morgan StanleyEqual-WeightInitiated

    Perkinelmer, Inc. (PKI) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.401
    The average consensus EPS for PKI is $2.401 with a high estimate of $3.287 and Low of $2.048 for the period 2021-06-30 and based on 16 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.09$1.512982020-09-30


    The latest average Earning Per Share Estimate for Perkinelmer, Inc. is $2.40, which is higher than PKI's last EPS, $2.09. This means that Analysts are expecting Perkinelmer, Inc. to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Perkinelmer, Inc..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $2.09$1.512982020-09-30
    $1.57$0.88926460000000012020-06-30
    $0.67$0.54926832020-03-31
    $1.35$1.3390582019-12-31
    $1.06$1.01917082019-09-30
    $1$1.01396932019-06-30
    $0.69$0.66784232019-03-31
    $1.18$1.17389272018-12-31
    $0.9$0.93331069999999992018-09-30
    $0.91$0.87030692018-06-30
    $0.63$0.61702922018-03-31
    $0.97$0.95032922017-12-31
    $0.73$0.72953312017-09-30
    $0.67$0.67598292017-06-30
    $0.55$0.54161252017-03-31
    $0.83$0.86503469999999992016-12-31
    $0.68$0.66471132016-09-30
    $0.67$0.66471132016-06-30
    $0.56$0.51285782016-03-31
    $0.86$0.88262889999999992015-12-31
    $0.6$0.60319222015-09-30
    $0.6$0.59592015-06-30
    $0.5$0.466286700000000052015-03-31
    $0.85$0.78555780000000012014-12-31
    $0.57$0.57128632014-09-30
    $0.59$0.59570812014-06-30
    $0.46$0.44190532014-03-31
    $0.73$0.70652532013-12-31
    $0.49$0.48616352013-09-30
    $0.51$0.47996212013-06-30
    $0.36$0.48018432013-03-31
    $0.65$0.65866140000000012012-12-31
    $0.45$0.446422012-09-30
    $0.53$0.49179932012-06-30
    $0.43$0.414433299999999952012-03-31
    $0.62$0.5155042011-12-31
    $0.41$0.3903652011-09-30
    $0.42$0.4035962011-06-30
    $0.44$0.4195542010-12-31
    $0.31$0.296942010-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).