Analyst Ratings for Fortress Investment Group L.L.C. Cl A (FIG)Updated: 2017-07-27
Analysts covering Fortress Investment Group L.L.C. Cl A (NYSE:FIG) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for FIG last month.
0 analysts declared FIG a buy, 0 issued an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for FIG. The highest price target was 8.08, implying a possible profit of 1 percent. The most pessimistic price target was 8.08, implying a possible loss of 1 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -7.69 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0.54 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
The growth rate of FIG's earnings is estimated by analysts to be 201.76 percent. 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. 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 FIG is 0.12.
In the last 52-weeks, FIG has achieved a high of 8.05 and a low of 4.50. The current market price is above the trailing year's low by 77.78 percent, and 0.62 percent lower than its 52-week high. FIG has a P/E ratio of 24.02. Investors typically compare the P/E ratio to a company's peers in the industry. The FIG value stock report compares FIG to some of its peers using value stock charts. The stock has a market capitalization of $3.1 billion. FIG's next earnings release will be on 0000-00-00, which is days away.