Analyst Ratings for First American Financial Corp. (FAF)Updated: 2017-07-28
Shares of First American Financial Corp. (NYSE:FAF) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, FAF was issued an average rating of Overweight.
Of the 6 analysts covering the stock, 2 gave it a buy rating, 0 issued an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
FAF was given price targets by several analysts. The most optimistic analyst gave a price target of 52, implying potential capital gains of 7.75 percent. The minimum price target given was 46, which equates to a potential downside of -4.68 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 4.02 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.15 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 8.67 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 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 FAF's earnings is estimated by analysts to be 3.32 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of FAF is 4.4.
In the last 52-weeks, FAF has achieved a high of 48.52 and a low of 35.28. Currently the stock is 36.79 percent higher than its low, and 0.54 percent lower than its 52-week high. FAF has a P/E ratio of 14.62. Investors typically compare the P/E ratio to a company's peers in the industry. The FAF value stock report compares FAF to some of its peers using value stock charts. The stock has a market capitalization of $5.11 billion. FAF's next earnings release will be on 0000-00-00, which is days away.