Analyst Ratings for Lakeland Financial Corporation (LKFN)Updated: 2016-08-22
Many analysts weighed in on price targets for LKFN. The highest price target was 34, which equates to a potential upside of -3.71 percent. The minimum price target given was 32, implying potential capital losses 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. Meanwhile, fiscal year estimates have been revised upwards by 3.09 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 3.35 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of LKFN to grow at a rate of 3.8 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. 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. Today's price is 35.76 percent above the 52-week low, and 6.44 percent lower than its 52-week 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 stock has a market capitalization of $0.88454 billion. LKFN will post this quarters earnings in -1061 days, on 2016-10-24.