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PKI
Stock ticker:
NYSE
AS OF
Jul 1 closing price
Price
$143.90
Change
+$1.67 (+1.17%)
Capitalization
18.17B

PKI Price Prediction, PerkinElmer AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

PKI's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for PKI turned positive on June 24, 2022. Looking at past instances where PKI's MACD turned positive, the stock continued to rise in 33 of 47 cases over the following month. The odds of a continued upward trend are 70%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 27, 2022. You may want to consider a long position or call options on PKI as a result. In of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PKI advanced for three days, in of 384 cases, the price rose further within the following month. The odds of a continued upward trend are .

PKI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PKI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for PKI entered a downward trend on June 29, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PKI’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.529) is normal, around the industry mean (6.885). P/E Ratio (23.585) is within average values for comparable stocks, (92.096). Projected Growth (PEG Ratio) (4.490) is also within normal values, averaging (4.201). Dividend Yield (0.002) settles around the average of (0.022) among similar stocks. P/S Ratio (3.451) is also within normal values, averaging (79.458).

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published price charts
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published Earnings

PKI is expected to report earnings to fall 15.77% to $2.03 per share on July 25

PerkinElmer PKI Stock Earnings Reports
Q2'22
Est.
$2.03
Q1'22
Beat
by $0.29
Q4'21
Beat
by $0.31
Q3'21
Beat
by $0.57
Q2'21
Beat
by $0.39
The last earnings report on May 03 showed earnings per share of $2.41, beating the estimate of $2.12. With 432.50K shares outstanding, the current market capitalization sits at 18.17B.
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published Dividends

PKI is expected to pay dividends on August 12, 2022

PerkinElmer PKI Stock Dividends
A dividend of $0.07 per share will be paid with a record date of August 12, 2022, and an ex-dividend date of July 21, 2022. The last dividend of $0.07 was paid on May 13. Read more...
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published Highlights

Notable companies

The most notable companies in this group are Abbott Laboratories (NYSE:ABT), Medtronic plc (NYSE:MDT), Intuitive Surgical (NASDAQ:ISRG), Edwards Lifesciences Corp (NYSE:EW), Boston Scientific Corp (NYSE:BSX), IQVIA Holdings (NYSE:IQV), Illumina (NASDAQ:ILMN), Align Technology (NASDAQ:ALGN), Exact Sciences Corp (NASDAQ:EXAS), Guardant Health (NASDAQ:GH).

Industry description

Medical specialties are companies that make equipment used by the health care industry. Equipment manufactured and distributed by these companies include dialysis machines, blood analysis equipment, surgical equipment, dental instruments, and diagnostic tools, among other items. Large companies typically aim to produce and distribute high-quality products across a broad market spectrum. Smaller firms are more likely to specialize in a particular market segment. Due to the industry’s close association with medical treatments, they typically have low sensitivity to macroeconomic fluctuations. Within this industry, Abbott Laboratories, Medtronic Plc and Thermo Fisher Scientific Inc. are some of the companies with multi-billion market capitalizations in the U.S. stock markets.

Market Cap

The average market capitalization across the Medical Specialties Industry is 5.74B. The market cap for tickers in the group ranges from 775 to 3.72T. MKYSF holds the highest valuation in this group at 3.72T. The lowest valued company is BIIO at 775.

High and low price notable news

The average weekly price growth across all stocks in the Medical Specialties Industry was -1%. For the same Industry, the average monthly price growth was -0%, and the average quarterly price growth was -26%. HTGM experienced the highest price growth at 98%, while ABMT experienced the biggest fall at -77%.

Volume

The average weekly volume growth across all stocks in the Medical Specialties Industry was -68%. For the same stocks of the Industry, the average monthly volume growth was -34% and the average quarterly volume growth was -32%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 71
Price Growth Rating: 71
SMR Rating: 67
Profit Risk Rating: 84
Seasonality Score: -3 (-100 ... +100)
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published General Information

General Information

a manufacturer of analytical instruments

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
940 Winter Street
Phone
+1 781 663-6900
Employees
16700
Web
https://www.perkinelmer.com

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PKI and

Correlation & Price change

A.I.dvisor indicates that over the last year, PKI has been closely correlated with A. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if PKI jumps, then A could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PKI
1D Price
Change %
PKI100%
+1.30%
A - PKI
75%
Closely correlated
+0.55%
DHR - PKI
74%
Closely correlated
+1.79%
BRKR - PKI
73%
Closely correlated
+1.24%
TMO - PKI
73%
Closely correlated
+0.92%
BIO - PKI
72%
Closely correlated
+1.48%
More