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 most optimistic analyst gave a price target of 92, implying potential capital gains of 7.48 percent. The most pessimistic analyst gave a price target of 64, which equates to a potential downside of -25.23 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.7 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 3.36 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.31 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 7.26 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of RJF's earnings is estimated by analysts to be 31.22 percent. The PEG ratio of a stock is another value frequently studied by investors. 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, though it could be better to see where the ratio stands relative to peers 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. The current market price is above the trailing year's low by 60.96 percent, and 0.36 percent lower than its 52-week high. RJF has a price/earnings 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.