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, implying potential capital gains of 20.77 percent. The most pessimistic analyst gave a price target of 31, implying potential capital losses of -8.69 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 162.5 percent on average, compared to last month. The average change in earnings estimates over the last 90 days 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. If we look at the last 90 days instead, we find a net average change of -11.44 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of SJI to grow at a rate of 7.83 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, 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.

In the trailing 52-weeks, SJI hit 38.40 at the highest peak, while it's lowest trading point was 27.51. Currently the stock is 23.41 percent higher than its low, and below the high by 11.59 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.