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, implying potential capital gains of 14.23 percent. The lowest price target was 37, implying potential capital losses of -17.12 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 4.33 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 8.21 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.72 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 5.73 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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. 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. Smaller PEG ratios are desirable, 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.
In the trailing 52-weeks, BEN hit 47.65 at the highest peak, while it's lowest trading point was 33.02. Currently the stock is 35.21 percent higher than its low, and 6.31 percent below the 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 will post this quarters earnings in days, on 0000-00-00.