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.

Many analysts weighed in on price targets for SJI. The most optimistic analyst gave a price target of 41, which equates to a potential upside of 20.77 percent. The lowest price target was 31, implying a possible loss of -8.69 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.41 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -11.44 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of SJI's earnings is estimated by analysts to be 7.83 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. SJI has a PEG ratio of 3.91.

SJI has a 52-week high of 38.40 and a 52-week low of 27.51. Currently the stock is 23.41 percent higher than its low, and 11.59 percent below the high. SJI has a P/E 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 market cap of SJI is $2.7 billion. SJI will post this quarters earnings in days, on 0000-00-00.