PERKINELMER INC (PKI) Forecast, Price Target & Analyst Ratings

NYSE:PKI • US7140461093

Current stock price

115.24 USD
-1.06 (-0.91%)
At close:
115.24 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PERKINELMER INC (PKI).

Forecast Snapshot

Consensus Price Target

Price Target
$159.39
+ 38.31% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 31, 2023
Period
Q2 / 2023
EPS Estimate
$1.29
Revenue Estimate
809.04M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
73.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$159.39
Upside
+ 38.31%
From current price of $115.24 to mean target of $159.39, Based on 20 analyst forecasts
Low
$135.34
Median
$163.20
High
$194.25

Price Target Revisions

1 Month
-1.68%
3 Months
-2.77%

Price Target Summary

20 Wall Street analysts provided a forecast for the next 12 months for PKI. The average price target is 159.39 USD. This implies a price increase of 38.31% is expected in the next year compared to the current price of 115.24.
The average price target has been revised downward by 2.77% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PKI Current Analyst RatingPKI Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

PKI Historical Analyst RatingsPKI Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
73.00%
PKI was analyzed by 20 analysts. The buy percentage consensus is at 73. So analysts seem to be have mildly positive about PKI.
In the previous month the buy percentage consensus was at a similar level.
PKI was analyzed by 20 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-05-15CitigroupMaintains Buy -> Buy
2023-05-12StifelMaintains Hold -> Hold
2023-05-12BarclaysMaintains Equal-Weight -> Equal-Weight
2023-05-12BairdMaintains Outperform -> Outperform
2023-02-15BairdMaintains Outperform
2023-02-15Credit SuisseReiterate Neutral
2023-01-24BarclaysMaintains Equal-Weight
2022-12-19KeybancUpgrade Sector Weight -> Overweight
2022-12-12CitigroupUpgrade Neutral -> Buy
2022-12-06Cowen & Co.Upgrade Market Perform -> Outperform
2022-11-28BarclaysUpgrade Underweight -> Equal-Weight
2022-11-14Credit SuisseMaintains Neutral
2022-10-06BarclaysMaintains Underweight
2022-09-12BarclaysMaintains Underweight
2022-08-25Credit SuisseInitiate Neutral
2022-08-18StifelDowngrade Buy -> Hold
2022-08-02BarclaysMaintains Underweight
2022-08-02BairdMaintains Outperform
2022-08-02B of A SecuritiesDowngrade Buy -> Neutral
2022-07-20UBSInitiate Buy
2022-07-14Goldman SachsMaintains Neutral
2022-07-05Evercore ISI GroupDowngrade Outperform -> In-Line
2022-05-18BarclaysInitiate Underweight
2022-05-04CitigroupMaintains Neutral
2022-01-18ScotiaBankDowngrade Sector Outperform -> Sector Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 31, 2023
Period
Q2 / 2023
EPS Estimate
$1.29
Revenue Estimate
809.04M
Revenue Q2Q
-56.48%
EPS Q2Q
-44.33%
Number of Analysts
15

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-17.56%
EPS (1 Month)
0.00%
EPS (3 Months)
-20.24%

Next Earnings Summary

PKI is expected to report earnings on 7/31/2023. The consensus EPS estimate for the next earnings is 1.29 USD and the consensus revenue estimate is 809.04M USD.
The next earnings revenue estimate has been revised downward by 17.56% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
PKI revenue by date.PKI revenue by date.
3.783B
31.18%		3.828B
1.19%		3.312B
-13.48%		3.182B
-3.92%		3.339B
4.93%		3.537B
5.93%		N/AN/AN/A
EBITDA
YoY % growth
PKI ebitda by date.PKI ebitda by date.
1.255B
105.02%		1.697B
35.27%		1.21B
-28.70%		1.024B
-15.38%		1.129B
10.25%		1.217B
7.79%		1.568B
28.84%		N/AN/A
EBIT
YoY % growth
PKI ebit by date.PKI ebit by date.
1.008B
153.32%		1.339B
32.84%		783.099M
-41.53%		910.84M
16.31%		1.028B
12.86%		1.142B
11.09%		1.3B
13.84%		1.472B
13.23%		1.664B
13.04%
Operating Margin
PKI operating margin by date.PKI operating margin by date.
26.65%34.99%23.65%28.62%30.79%32.29%N/AN/AN/A
EPS
YoY % growth
PKI eps by date.PKI eps by date.
8.29
102.20%		11.42
37.76%		7.94
-30.47%		5.21
-34.36%		6.04
15.88%		6.90
14.26%		9.05
31.21%		10.65
17.57%		N/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 23 Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth		1.29
-44.33%		1.29
-14.69%		1.57
-7.84%		1.26
25.00%		1.52
17.35%		1.51
16.96%		1.74
10.89%		1.43
13.60%		1.71
12.62%		1.75
15.97%		2.05
18.01%
Revenue
Q2Q % growth		809.04M
-56.48%		767.72M
7.86%		846.22M
14.17%		742.97M
-2.05%		820.64M
1.43%		810.95M
5.63%		889.66M
5.13%		796.81M
7.25%		880.45M
7.29%		883.12M
8.90%		978.14M
9.95%
EBITDA
Q2Q % growth		236.69M
-69.02%		239.14M
-46.24%		278.07M
-50.60%		240.89M
15.80%		274.62M
16.03%		274.07M
14.61%		306.29M
10.15%		252.02M
4.62%		300.25M
9.33%		305.07M
11.31%		352.45M
15.07%
EBIT
Q2Q % growth		227.49M
-56.63%		225.75M
84.96%		264.55M
94.63%		219.28M
10.01%		255.5M
12.31%		253.26M
12.19%		285.55M
7.94%		237.98M
8.53%		279.94M
9.57%		286.66M
13.19%		332.11M
16.31%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PKI Yearly Revenue VS EstimatesPKI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B
PKI Yearly EPS VS EstimatesPKI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-4.57%
EPS Next 5 Year
6.04%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-8.60%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
-3.21%
EBIT Next 5 Year
3.97%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

PERKINELMER INC / PKI Forecast FAQ

What is the average price target for PERKINELMER INC (PKI) stock?

20 analysts have analysed PKI and the average price target is 159.39 USD. This implies a price increase of 38.31% is expected in the next year compared to the current price of 115.24.

When does PERKINELMER INC (PKI) report earnings?

PERKINELMER INC (PKI) will report earnings on 2023-07-31, before the market open.

Can you provide the consensus estimates for PERKINELMER INC next earnings?

The consensus EPS estimate for the next earnings of PERKINELMER INC (PKI) is 1.29 USD and the consensus revenue estimate is 809.04M USD.

How do analysts rate PERKINELMER INC (PKI)?

The consensus rating for PERKINELMER INC (PKI) is 73 / 100 . This indicates that analysts generally have a positive outlook on the stock.