Analyst Ratings for Franco-Nevada Corp. (FNV)

Updated: 2017-07-29

Franco-Nevada Corp. (NYSE:FNV) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, FNV was issued an average rating of Overweight.

A buy rating was issued by 9 analysts, 1 issued an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for FNV. The maximum price target given was 118, implying a possible profit of 62.62 percent. The lowest price target was 84.85, implying a possible loss of 16.94 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -3.03 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 7.96 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.85 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 3.9 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, 2 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

The growth rate of FNV's earnings is estimated by analysts to be 2.75 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. 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 FNV is 26.61.

FNV has traded between a high of 81.16 and a low of 53.31 over the past year. Today's price is 36.11 percent above the 52-week low, and 10.6 percent below the high. FNV has a P/E ratio of 73.18. Investors typically compare the P/E ratio to a company's peers in the industry. The FNV value stock report compares FNV to some of its peers using value stock charts. The stock has a market capitalization of $16.28 billion. FNV's next earnings release will be on 0000-00-00, which is days away.