Analyst Ratings for American Financial Group Inc. (AFG)Updated: 2017-07-26
Shares of American Financial Group Inc. (NYSE:AFG) have received a consensus rating of Overweight from Wall Street analysts. Last month, AFG received an average rating of Overweight.
A buy rating was issued by 3 analysts, 1 gave an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for AFG. The most optimistic price target was 113, which equates to a potential upside of 12.18 percent. The most pessimistic price target was 103, implying a possible loss of 2.25 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -5.38 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.96 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.14 percent. If we look at the last 90 days instead, we find a net average change of 3.18 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.
Analysts estimate earnings of AFG to grow at a rate of -19.33 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of AFG is -0.66.
In the trailing 52-weeks, AFG hit 103.19 at the highest peak, while it's lowest trading point was 71.30. The current market price is above the trailing year's low by 41.28 percent, and 2.38 percent lower than its 52-week high. AFG has a price/earnings ratio of 12.77. Investors typically compare the P/E ratio to a company's peers in the industry. The AFG value stock report compares AFG to some of its peers using value stock charts. The market cap of AFG is $9.01 billion. AFG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.