Analyst Ratings for Lakeland Financial Corporation (LKFN)Updated: 2016-08-22
Many analysts weighed in on price targets for LKFN. The most optimistic price target was 34, implying potential capital gains of -3.71 percent. The lowest price target was 32, which equates to a potential downside of -9.37 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.06 percent. The average change in earnings estimates over the last 90 days is 3.06 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 3.09 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.35 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
LKFN has an estimated earnings growth rate of 3.8 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. LKFN has a PEG ratio of 4.81.
In the last 52-weeks, LKFN has achieved a high of 37.74 and a low of 26.01. Today's price is 35.76 percent above the 52-week low, and 6.44 percent below the high. LKFN has a P/E ratio of 18.28. Investors typically compare the P/E ratio to a company's peers in the industry. The LKFN value stock report compares LKFN to some of its peers using value stock charts. The market cap of LKFN is $0.88454 billion. LKFN will post this quarters earnings in -944 days, on 2016-10-24.