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.
Investment analysts gave a few price targets for FIG. The most optimistic analyst gave a price target of 8.08, implying potential capital gains of 1 percent. The lowest price target was 8.08, implying a possible loss of 1 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 downwards by an average of -7.69 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.54 percent in FY estimates.
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 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of FIG to grow at a rate of 201.76 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, 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. FIG has a PEG ratio of 0.12.
In the last 52-weeks, FIG has achieved a high of 8.05 and a low of 4.50. Currently the stock is 77.78 percent higher than its low, 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.