Glaukos Corporation [NYSE:GKOS]: Analyst Rating and Earnings
Stock traders often pay close attention what Wall Street analysts have to say about a potential investment. For Glaukos Corporation [GKOS], the latest consensus recommendation available followed its financial results for the fiscal quarter ending in December. On average, stock market experts give GKOS an Outperform rating. The average 12-month price forecast for this stock is $68.13, with the high estimate being $75.00, the low estimate being $54.00 and the median estimate amounting to $71.50. This is compared to its latest closing price of $59.12.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Glaukos Corporation [GKOS] is sitting at 1.89. This is compared to 1 month ago, when its average rating was 1.89.
For the quarter ending in Sep-18 Glaukos Corporation [GKOS] generated $0.04 billion in sales. That’s 5.12% higher than the average estimate of $0.04 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Keep an eye out for the next scheduled publication date for this company’s financial results, which are expected to be released on Wed 27 Feb (In 46 Days).
Fundamental Analysis of Glaukos Corporation [GKOS]
Now let’s turn to look at profitability: with a current Operating Margin for Glaukos Corporation [GKOS] sitting at +1.85 and its Gross Margin at +86.78, this company’s Net Margin is now -8.10%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 2.30, and its Return on Invested Capital has reached -1.70%. Its Return on Equity is -0.07, and its Return on Assets is -0.06. These metrics suggest that this Glaukos Corporation does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
What about valuation? This company’s Enterprise Value to EBITDA is 212.66. The Enterprise Value to Sales for this firm is now 10.61. Glaukos Corporation [GKOS] has a Price to Book Ratio of 6.43, a Price to Cash Flow Ratio of 34.68.
Shifting the focus to workforce efficiency, Glaukos Corporation [GKOS] earns $411,509 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 10.29 and its Total Asset Turnover is 1.06. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 5.16 and its Current Ratio is 5.58. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Let’s now turn our attention to trading performance: Glaukos Corporation [GKOS] has 36.53M shares outstanding, amounting to a total market cap of $2.10B. Its stock price has been found in the range of 26.75 to 70.91. At its current price, it has moved by -18.74% from its 52-week high, and it has moved 115.40% from its 52-week low.
This stock’s Beta value is currently 1.65, which indicates that it is more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 49.67. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Glaukos Corporation [GKOS] a Reliable Buy?
Shares of Glaukos Corporation [GKOS], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.