Analyst Ratings for Lakeland Financial Corporation (LKFN)Updated: 2016-08-22
Investment analysts gave a few price targets for LKFN. The most optimistic price target was 34, implying potential capital gains of -3.71 percent. The minimum price target given was 32, which equates to a potential downside of -9.37 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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.
Another thing investors often look at is the level of agreement among analysts' 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. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
LKFN has an estimated earnings growth rate of 3.8 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. LKFN has a PEG ratio of 4.81.
LKFN has a 52-week high of 37.74 and a 52-week low of 26.01. Currently the stock is 35.76 percent higher than its low, and 6.44 percent lower than its 52-week high. LKFN has a price/earnings 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 is estimated to release their earnings results for the quarter on 2016-10-24, days from today.