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 highest price target was 8.08, which equates to a potential upside of 1 percent. The lowest price target was 8.08, implying a possible loss 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. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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 made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their 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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of FIG is 0.12.

FIG has traded between a high of 8.05 and a low of 4.50 over the past year. 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 market cap of FIG is $3.1 billion. FIG's next earnings release will be on 0000-00-00, which is days away.