Stock To Watch: G&K Services, Inc. (NASDAQ:GK)


The leading market experts have placed a mean price target of $79.00 on G&K Services, Inc. (NASDAQ:GK) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.89 a share for the upcoming quarter and $3.56 for the current fiscal. Technical View The technical analysis of G&K Services, Inc. plainly substantiates that the 50-day moving average of G&K Services, Inc. is $75.20, and stock is hovering 1.49 or +1.99% distant from $75.20. It is noted that the 200-day MA is $69.37, and G&K Services, Inc. stock is $7.32 or +10.55% off from this point. G&K Services, Inc. (NASDAQ:GK) 52-week high is $77.66 and the 52-week low is $51.94. This explains if the stock moves $-0.97, it will post a 52-week high. In event of $+47.65% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of G&K Services, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, G&K Services, Inc. (NASDAQ:GK) ratio came in at 23.11. The stock last ended the trading session at $76.69 and registered a market cap of $1.52B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. G&K Services, Inc. (NASDAQ:GK) PEG ratio is at 1.79.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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