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 most optimistic analyst gave a price target of 22, which equates to a potential upside of 48.55 percent. The lowest 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 4.13 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.66 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.46 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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 decreased their estimates.
The growth rate of OMAM's earnings is estimated by analysts to be 59.7 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. 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 OMAM is 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's next earnings release will be on 0000-00-00, which is days away.