Analyst Ratings for Raymond James Financial Inc. (RJF)Updated: 2017-07-26
Raymond James Financial Inc. (NYSE:RJF) was awarded an average rating of Hold from investment analysts following the stock. RJF had previously received a consensus rating of Hold a month ago.
A buy rating was issued by 2 analysts, 0 gave an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for RJF. The highest price target was 92, implying potential capital gains of 7.48 percent. The most pessimistic analyst gave a price target of 64, implying potential capital losses of -25.23 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.7 percent. That number becomes 3.36 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 1.31 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 7.26 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of RJF to grow at a rate of 31.22 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of RJF is 0.71.
In the trailing 52-weeks, RJF hit 85.91 at the highest peak, while it's lowest trading point was 53.18. Today's price is 60.96 percent above the 52-week low, and below the high by 0.36 percent. RJF has a P/E ratio of 22.32. Investors typically compare the P/E ratio to a company's peers in the industry. The RJF value stock report compares RJF to some of its peers using value stock charts. The stock has a market capitalization of $12.24 billion. RJF is estimated to release their earnings results for the quarter on 0000-00-00, days from today.