PerkinElmer (PKI) to Release Quarterly Earnings on Thursday
PerkinElmer (NYSE:PKI) is scheduled to be issuing its quarterly earnings data on Thursday, January 30th. Parties that are interested in registering for the company’s conference call can do so using this link.
PerkinElmer (NYSE:PKI) opened at 42.71 on Wednesday. PerkinElmer has a 1-year low of $29.50 and a 1-year high of $43.54. The stock has a 50-day moving average of $41.40 and a 200-day moving average of $38.02. The company has a market cap of $4.800 billion and a P/E ratio of 54.97.
The company also recently declared a quarterly dividend, which is scheduled for Friday, May 9th. Stockholders of record on Friday, April 18th will be given a dividend of 0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend is Tuesday, April 15th.
A number of research firms have recently commented on PKI. Analysts at Cowen and Company upgraded shares of PerkinElmer from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, January 6th. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of PerkinElmer in a research note to investors on Friday, December 13th. They now have a $41.00 price target on the stock. Finally, analysts at Macquarie upgraded shares of PerkinElmer from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, December 10th. They now have a $45.00 price target on the stock, up previously from $40.00. They noted that the move was a valuation call. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $36.92.
PerkinElmer, Inc is a provider of technology, services and solutions to the diagnostics, research, environmental, industrial and laboratory services markets.