Analyst Ratings for Oaktree Capital Group LLC Un (OAK)Updated: 2017-07-26
Shares of Oaktree Capital Group LLC Un (NYSE:OAK) have received a consensus rating of Overweight from Wall Street analysts. Last month, OAK received an average rating of Overweight.
11 analysts issued ratings on the stock, where 3 gave OAK a buy rating, 0 issued an overweight rating, 8 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for OAK. The maximum price target given was 55, which equates to a potential upside of 14.58 percent. The most pessimistic analyst gave a price target of 45, which equates to a potential downside of -6.25 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 3.51 percent. The average change in earnings estimates over the last 90 days is 125.21 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.49 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 27.73 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, 5 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 6 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
OAK has an estimated earnings growth rate of 7.25 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. OAK has a PEG ratio of 1.88.
In the last 52-weeks, OAK has achieved a high of 48.83 and a low of 36.95. The current market price is above the trailing year's low by 29.91 percent, and 1.7 percent below the high. OAK has a price/earnings ratio of 13.61. Investors typically compare the P/E ratio to a company's peers in the industry. The OAK value stock report compares OAK to some of its peers using value stock charts. The stock has a market capitalization of $7.42 billion. OAK's next earnings release will be on 0000-00-00, which is days away.