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 a possible profit 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 3.06 percent. That number becomes 3.06 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. 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. People on Wall Street often look at a company's PEG ratio. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of LKFN is 4.81.
LKFN has a 52-week high of 37.74 and a 52-week low of 26.01. Today's price is 35.76 percent above the 52-week low, and below the high by 6.44 percent. 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.