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.
A number of analysts gave price targets for BEN. The highest price target was 51, implying potential capital gains of 14.23 percent. The most pessimistic price target was 37, which equates to a potential downside 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 4.33 percent. That number becomes 8.21 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 1.72 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.73 percent.
People are often interested in whether analysts were united in the direction of their revisions. 5 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 5 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
BEN has an estimated earnings growth rate of -7.09 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at 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, though it could be better to see where the ratio stands relative to peers in the industry. 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. Today's price is 35.21 percent above the 52-week low, 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.