Analyst Ratings for South Jersey Industries Inc. (SJI)

Updated: 2017-07-27

Shares of South Jersey Industries Inc. (NYSE:SJI) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, SJI was issued an average rating of Hold.

9 analysts issued ratings on the stock, where 3 gave SJI a buy rating, 0 gave an overweight rating, 6 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

SJI was given price targets by several analysts. The highest price target was 41, implying potential capital gains of 20.77 percent. The lowest price target was 31, implying potential capital losses of -8.69 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 162.5 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 31.25 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.41 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -11.44 percent.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 1 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.

SJI has an estimated earnings growth rate of 7.83 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. 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 SJI is 3.91.

SJI has traded between a high of 38.40 and a low of 27.51 over the past year. Currently the stock is 23.41 percent higher than its low, and 11.59 percent below the high. SJI has a price/earnings ratio of 30.59. Investors typically compare the P/E ratio to a company's peers in the industry. The SJI value stock report compares SJI to some of its peers using value stock charts. The stock has a market capitalization of $2.7 billion. SJI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.