Stock To Watch: Parkway Properties, Inc. (NYSE:PKY)


The leading market experts have placed a mean price target of $17.90 on Parkway Properties, Inc. (NYSE:PKY) 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 $0.32 a share for the upcoming quarter and $1.29 for the current fiscal. Technical View The technical analysis of Parkway Properties, Inc. Common plainly substantiates that the 50-day moving average of Parkway Properties, Inc. Common is $17.05, and stock is hovering 0.19 or +1.09% distant from $17.05. It is noted that the 200-day MA is $15.54, and Parkway Properties, Inc. Common stock is $1.70 or +10.94% off from this point. Parkway Properties, Inc. (NYSE:PKY) 52-week high is $18.04 and the 52-week low is $11.54. This explains if the stock moves $-0.80, it will post a 52-week high. In event of $+49.39% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Parkway Properties, Inc. Common, 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, Parkway Properties, Inc. (NYSE:PKY) ratio came in at 15.89. The stock last ended the trading session at $17.24 and registered a market cap of $2.00B. 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. Parkway Properties, Inc. (NYSE:PKY) PEG ratio is at 1.92.

1 Chart Pattern Every Investor Should Know

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