Is Now The Right Time To Bet On Gardner Denver Holdings, Inc. (GDI)?

Gardner Denver Holdings, Inc. (GDI) shares saw a recent bid of $23.49 and 927.27TH shares have exchanged hands in the recent trading session, yielding a 5.38% gain over the past week. The stock price increased 2.00% or $-0.46 versus $23.03 at the end of the prior session. This change led market cap to move at $4.48B, putting the price -1.39% below the 52-week high and 15.89% above the 52-week low. The company’s stock has a normal trading capacity of 1.54M shares while the relative volume is 0.60.

To stay one step ahead we extended our research by comparing different price targets. The stock notched a 12-month high of $27.00 while $28.00 target is by far the most aggressive out of analysts who are currently evaluating the company, $1 higher than the next highest 52-week price estimate. The lowest 12-month price target for the shares is $25.00, which would be an increase of about 6% of its current value. The mean target of $27.00 should be compared with the price when the stock was languishing around $20.27 a share.

 

By historical standards, Gardner Denver Holdings, Inc. remains a cheap stock. The company’s current price-earnings ratio amounts above the average P/E ratio of 28.58 times earnings. For now, Gardner Denver Holdings, Inc. is the toast of Wall Street as its ABR stands at 2.30 with 6 out of 9 analysts rating the stock a buy. Over the short term, some market observers may have noticed that Gardner Denver Holdings, Inc. has a 0.47% short float with 15 days to cover. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Gardner Denver Holdings, Inc. has far performed well this year, with the share price up 11.33% since January.

Earnings per share forecasts for the current quarter are $0.23. The company is expected to report EPS as high as $0.29 and as low as $0.20 per share. Similarly, full-year EPS forecasts have ranged between $0.97 and $1.17. The mean EPS estimate is $1.06. On the other side, sales forecasts for the current quarter are $554.83M. The stock is expected to report revenue as high as $569.7M and as low as $544.6M per share. Similarly, full-year sales forecasts have ranged between $2.13B and $2.18B. The mean revenue estimate is $2.16B.

Over the last 5 years, Analysts are expecting EPS growth rates to be at 89.60% this quarter and EPS estimate for next year reflect 27.75% growth rate.

Sell-side analysts also have something to say about this company. William Blair analysts stated on 06/06/2017 that they launched coverage on this stock with Outperform rating. UBS analysts stated on 06/06/2017 that they launched coverage on this stock with Buy rating. Tigress Financial analysts stated on 06/06/2017 that they launched coverage on this stock with Buy rating. Stifel analysts stated on 06/06/2017 that they launched coverage on this stock with Buy rating.

Is Now The Right Time To Bet On Gardner Denver Holdings, Inc. (GDI)? was last modified: June 14th, 2017 by Caleb Gerald
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