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.
Many analysts weighed in on price targets for FIG. The most optimistic analyst gave a price target of 8.08, which equates to a potential upside of 1 percent. The most pessimistic price target was 8.08, which equates to a potential downside of 1 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -7.69 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.54 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
Analysts estimate earnings of FIG to grow at a rate of 201.76 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. 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. 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. Currently the stock is 77.78 percent higher than its low, and 0.62 percent below the 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 market cap of FIG is $3.1 billion. FIG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.