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.

Several price targets were given for OMAM by the analysts covering the stock. The maximum price target given was 22, implying potential capital gains of 48.55 percent. The most pessimistic price target was 16, which equates to a potential downside of 8.04 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

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. 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, while 2 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

OMAM has an estimated earnings growth rate of 59.7 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 22.4 percent above the 52-week low, and below the high by 7.5 percent. 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.