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.
Many analysts weighed in on price targets for RJF. The maximum price target given was 92, which equates to a potential upside of 7.48 percent. The minimum price target given was 64, implying a possible loss of -25.23 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
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. Over the past 30 days, FY earnings estimates have also changed upwards by 1.31 percent. If we look at the last 90 days instead, we find a net average change of 7.26 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
RJF has an estimated earnings growth rate of 31.22 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. 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 RJF is 0.71.
RJF has a 52-week high of 85.91 and a 52-week low of 53.18. Currently the stock is 60.96 percent higher than its low, and 0.36 percent below the high. 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 will post this quarters earnings in days, on 0000-00-00.