G & K Services (GK) Set to Announce Quarterly Earnings on Thursday
G & K Services (NYSE:GK) is set to announce its Q414 earnings results on Thursday, August 14th. Analysts expect the company to announce earnings of $0.73 per share and revenue of $227.28 million for the quarter.
Shares of G & K Services (NYSE:GK) traded up 0.97% during mid-day trading on Wednesday, hitting $49.88. 32,794 shares of the company’s stock traded hands. G & K Services has a one year low of $47.40 and a one year high of $65.36. The stock has a 50-day moving average of $50.57 and a 200-day moving average of $55.5. The company has a market cap of $995.1 million and a P/E ratio of 24.97.
GK has been the subject of a number of recent research reports. Analysts at KeyCorp reiterated a “buy” rating on shares of G & K Services in a research note on Tuesday, June 24th. They now have a $63.00 price target on the stock, down previously from $68.00. Analysts at Sidoti upgraded shares of G & K Services from a “neutral” rating to a “buy” rating in a research note on Friday, May 16th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. G & K Services currently has an average rating of “Buy” and an average target price of $63.50.
G&K Services, Inc, provides branded uniform and facility services programs. The Company serves a base of approximately 165,000 customers.
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