Analyst Ratings for Lakeland Financial Corporation (LKFN)Updated: 2016-08-22
LKFN was given price targets by several analysts. The maximum price target given was 34, implying potential capital gains of -3.71 percent. The minimum price target given was 32, implying potential capital losses of -9.37 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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.
People are often interested in whether analysts were united in the direction of their revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of LKFN's earnings is estimated by analysts to be 3.8 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. LKFN has a PEG ratio of 4.81.
LKFN has traded between a high of 37.74 and a low of 26.01 over the past year. The current market price is above the trailing year's low by 35.76 percent, and 6.44 percent below the 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.