Analyst Ratings for Mizuho Financial Group Inc. ADR (MFG)Updated: 2017-07-27
Shares of Mizuho Financial Group Inc. ADR (NYSE:MFG) have received a consensus rating of Hold from Wall Street analysts. Last month, MFG received an average rating of Overweight.
A buy rating was issued by 5 analysts, 0 gave an overweight rating, 10 gave a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 1.
MFG was given price targets by several analysts. The highest price target was 5.12, implying a possible profit of 43.42 percent. The most pessimistic analyst gave a price target of 3, implying a possible loss of -15.97 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 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 downwards by -1.14 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -2.39 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
MFG has an estimated earnings growth rate of -3.02 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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. MFG has a PEG ratio of -2.66.
In the trailing 52-weeks, MFG hit 3.87 at the highest peak, while it's lowest trading point was 2.95. The current market price is above the trailing year's low by 21.02 percent, and below the high by 7.75 percent. MFG has a price/earnings ratio of 8.03. Investors typically compare the P/E ratio to a company's peers in the industry. The MFG value stock report compares MFG to some of its peers using value stock charts. The stock has a market capitalization of $45.05 billion. MFG's next earnings release will be on 0000-00-00, which is days away.