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.
Several price targets were given for FIG by the analysts covering the stock. The most optimistic analyst gave a price target of 8.08, implying potential capital gains of 1 percent. The most pessimistic analyst gave a price target of 8.08, which equates to a potential downside of 1 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. 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.
The growth rate of FIG's earnings is estimated by analysts to be 201.76 percent. Another measure frequently examined by investors is the 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. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of FIG is 0.12.
In the trailing 52-weeks, FIG hit 8.05 at the highest peak, while it's lowest trading point was 4.50. Today's price is 77.78 percent above the 52-week low, and 0.62 percent lower than its 52-week high. FIG has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.