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 price target was 92, which equates to a potential upside of 7.48 percent. The most pessimistic price target was 64, implying a possible loss of -25.23 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.7 percent on average, compared to last month. The average change in earnings estimates over the last 90 days 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 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.
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, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, 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. Today's price is 60.96 percent above the 52-week 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 market cap of RJF is $12.24 billion. RJF is estimated to release their earnings results for the quarter on 0000-00-00, days from today.