Analysts See $0.61 EPS for PerkinElmer, Inc. (PKI); Myr Group (MYRG) Has 0.81 Sentiment

April 25, 2018 - By David Stenberg

PerkinElmer, Inc. (NYSE:PKI) Logo

Analysts expect PerkinElmer, Inc. (NYSE:PKI) to report $0.61 EPS on April, 30 after the close.They anticipate $0.06 EPS change or 10.91% from last quarter’s $0.55 EPS. PKI’s profit would be $67.41 million giving it 29.93 P/E if the $0.61 EPS is correct. After having $0.97 EPS previously, PerkinElmer, Inc.’s analysts see -37.11% EPS growth. The stock decreased 2.73% or $2.05 during the last trading session, reaching $73.02. About 598,212 shares traded. PerkinElmer, Inc. (NYSE:PKI) has risen 30.14% since April 25, 2017 and is uptrending. It has outperformed by 18.59% the S&P500.

Myr Group Inc (MYRG) investors sentiment decreased to 0.81 in Q4 2017. It’s down -0.42, from 1.23 in 2017Q3. The ratio has dropped, as 54 hedge funds increased and opened new positions, while 67 cut down and sold their stakes in Myr Group Inc. The hedge funds in our database now own: 14.13 million shares, up from 13.62 million shares in 2017Q3. Also, the number of hedge funds holding Myr Group Inc in top ten positions increased from 0 to 1 for an increase of 1. Sold All: 17 Reduced: 50 Increased: 36 New Position: 18.

PerkinElmer, Inc. provides products, services, and solutions to the diagnostics, research, environmental, industrial, food, and laboratory services markets worldwide. The company has market cap of $8.07 billion. The firm operates through two divisions, Discovery and Analytical Solutions and Diagnostics. It has a 27.62 P/E ratio. The Discovery and Analytical Solutions segment develops and provides analytical technologies, solutions, and services that enable its clients to understand the characterization and health of various aspects, including air, water, and soil.

Investors sentiment increased to 1.34 in 2017 Q4. Its up 0.03, from 1.31 in 2017Q3. It increased, as 24 investors sold PerkinElmer, Inc. shares while 101 reduced holdings. 60 funds opened positions while 107 raised stakes. 99.84 million shares or 0.46% more from 99.38 million shares in 2017Q3 were reported. 9,859 were accumulated by Commonwealth Of Pennsylvania Public School Empls Retrmt System. Btim Corp holds 0.17% of its portfolio in PerkinElmer, Inc. (NYSE:PKI) for 157,250 shares. Hancock Communication accumulated 13,300 shares. Rampart Management Ltd Llc reported 1,369 shares or 0.04% of all its holdings. 24,983 were accumulated by Bnp Paribas Arbitrage. Amundi Pioneer Asset Mgmt Inc accumulated 125,025 shares or 0.01% of the stock. Piermont Mngmt holds 8,150 shares. Hanseatic Management Serv Inc holds 0.02% or 208 shares. State Of Tennessee Treasury Department stated it has 0.01% in PerkinElmer, Inc. (NYSE:PKI). Brown Brothers Harriman & Com has 0% invested in PerkinElmer, Inc. (NYSE:PKI). Hudson Valley Invest Advsr Adv holds 0.22% or 12,379 shares in its portfolio. Parametric Port Ltd Liability Com holds 0.02% or 249,334 shares. Icon Advisers Company has invested 0.53% in PerkinElmer, Inc. (NYSE:PKI). Asset Mgmt owns 0.21% invested in PerkinElmer, Inc. (NYSE:PKI) for 21,200 shares. Kentucky Retirement System accumulated 6,797 shares or 0.04% of the stock.

Among 19 analysts covering PerkinElmer Inc (NYSE:PKI), 7 have Buy rating, 1 Sell and 11 Hold. Therefore 37% are positive. PerkinElmer Inc had 52 analyst reports since August 3, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 25 by Robert W. Baird. The firm has “Hold” rating by Cowen & Co given on Wednesday, December 20. The stock has “Buy” rating by Citigroup on Monday, August 7. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, February 5 report. On Friday, February 3 the stock rating was downgraded by Bank of America to “Underperform”. Robert W. Baird maintained it with “Buy” rating and $72.0 target in Thursday, October 19 report. The firm earned “Buy” rating on Friday, January 26 by Piper Jaffray. The company was initiated on Tuesday, September 26 by Goldman Sachs. The rating was downgraded by Mizuho on Friday, August 5 to “Neutral”. The stock of PerkinElmer, Inc. (NYSE:PKI) has “Buy” rating given on Monday, March 27 by Janney Capital.

Since December 15, 2017, it had 0 insider purchases, and 6 sales for $9.20 million activity. 2,273 shares were sold by Okun Andrew, worth $176,976 on Monday, February 5. 1,156 shares were sold by Tereau Daniel R, worth $89,012 on Wednesday, April 18. On Monday, March 5 Wilson Frank Anders sold $7.66M worth of PerkinElmer, Inc. (NYSE:PKI) or 103,656 shares. $186,568 worth of PerkinElmer, Inc. (NYSE:PKI) shares were sold by MICHAS ALEXIS P.

Corbyn Investment Management Inc Md holds 3.3% of its portfolio in MYR Group Inc. for 275,287 shares. Thomson Horstmann & Bryant Inc owns 344,357 shares or 1.62% of their US portfolio. Moreover, Investment Counselors Of Maryland Llc has 1.17% invested in the company for 660,213 shares. The Oregon-based Tygh Capital Management Inc. has invested 0.75% in the stock. Ironwood Investment Management Llc, a Massachusetts-based fund reported 27,431 shares.

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company has market cap of $504.24 million. It operates through two divisions, Transmission and Distribution, and Commercial and Industrial. It has a 23.92 P/E ratio. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to clients in the electric utility and the renewable energy industries.

Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $748,904 activity.

MYR Group Inc. (NASDAQ:MYRG) Institutional Positions Chart

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