Analyst Ratings for Ship Finance International Ltd. (SFL)Updated: 2017-07-27
Shares of Ship Finance International Ltd. (NYSE:SFL) have received a consensus rating of Hold from Wall Street analysts. A consensus rating of Hold was previously issued for SFL last month.
A buy rating was issued by 1 analysts, 0 issued an overweight rating, 7 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 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.
Several price targets were given for SFL by the analysts covering the stock. The highest price target was 18, which equates to a potential upside of 33.83 percent. The most pessimistic price target was 10.5, implying potential capital losses of -21.93 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.92 percent. The average change in earnings estimates over the last 90 days is 17.12 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.5 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 6.67 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
SFL has traded between a high of 16.10 and a low of 12.07 over the past year. The current market price is above the trailing year's low by 11.43 percent, and 16.46 percent below the high. SFL has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The SFL value stock report compares SFL to some of its peers using value stock charts. The market cap of SFL is $1.36 billion. SFL's next earnings release will be on 0000-00-00, which is days away.