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 most optimistic analyst gave a price target of 51, which equates to a potential upside of 14.23 percent. The most pessimistic analyst gave a price target of 37, implying potential capital losses of -17.12 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 4.33 percent. The average change in earnings estimates over the last 90 days is 8.21 percent. 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.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 5 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 5 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 BEN's earnings is estimated by analysts to be -7.09 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of BEN is -2.03.
BEN has traded between a high of 47.65 and a low of 33.02 over the past year. Currently the stock is 35.21 percent higher than its low, and 6.31 percent below the high. BEN has a price/earnings 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.