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 most optimistic analyst gave a price target of 92, which equates to a potential upside of 7.48 percent. The most pessimistic analyst gave a price target of 64, which equates to a potential downside of -25.23 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.7 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 3.36 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.31 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 7.26 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
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. 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. Wall Street investors typically prefer a PEG ratio to be smaller than 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 last 52-weeks, RJF has achieved a high of 85.91 and a low of 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's next earnings release will be on 0000-00-00, which is days away.