Analyst Ratings for OM Asset Management PLC (OMAM)Updated: 2017-07-27
An average rating of Buy has been given to OM Asset Management PLC (NYSE:OMAM) by analysts covering the stock. OMAM had previously received a consensus rating of Buy a month ago.
A buy rating was issued by 7 analysts, 0 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 2 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for OMAM. The maximum price target given was 22, implying a possible profit of 48.55 percent. The most pessimistic price target was 16, implying potential capital losses of 8.04 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 4.13 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.66 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.46 percent.
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, which can be compared to the 2 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of OMAM's earnings is estimated by analysts to be 59.7 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, 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. OMAM has a PEG ratio of 0.27.
OMAM has traded between a high of 16.01 and a low of 12.10 over the past year. The current market price is above the trailing year's low by 22.4 percent, and 7.5 percent below the high. OMAM has a price/earnings ratio of 15.89. Investors typically compare the P/E ratio to a company's peers in the industry. The OMAM value stock report compares OMAM to some of its peers using value stock charts. The market cap of OMAM is $1.73 billion. OMAM will post this quarters earnings in days, on 0000-00-00.