Analyst Ratings for Franklin Resources Inc. (BEN)Updated: 2017-07-28
Analysts covering Franklin Resources Inc. (NYSE:BEN) have given it a consensus rating of Hold. Last month, BEN received an average rating of Hold.
Of the 14 analysts covering the stock, 1 gave it a buy rating, 0 issued an overweight rating, 10 gave a hold rating, 0 gave an underweight rating, and 3 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for BEN by the analysts covering the stock. The highest price target was 51, which equates to a potential upside of 14.23 percent. The lowest price target was 37, implying potential capital losses of -17.12 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 4.33 percent on average, compared to last month. That number becomes 8.21 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.72 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.73 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 5 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 5 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
BEN has an estimated earnings growth rate of -7.09 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. BEN has a PEG ratio of -2.03.
BEN has a 52-week high of 47.65 and a 52-week low of 33.02. The current market price is above the trailing year's low by 35.21 percent, and 6.31 percent lower than its 52-week high. BEN has a P/E ratio of 14.41. Investors typically compare the P/E ratio to a company's peers in the industry. The BEN value stock report compares BEN to some of its peers using value stock charts. The market cap of BEN is $25.76 billion. BEN's next earnings release will be on 0000-00-00, which is days away.