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.

Several price targets were given for SJI by the analysts covering the stock. The highest price target was 41, implying a possible profit of 20.77 percent. The lowest price target was 31, which equates to a potential downside of -8.69 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 162.5 percent. The average change in earnings estimates over the last 90 days is 31.25 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.41 percent. 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. Over the past month, 3 analysts increased their quarterly estimates, 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. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SJI is 3.91.

In the last 52-weeks, SJI has achieved a high of 38.40 and a low of 27.51. Currently the stock is 23.41 percent higher than its low, and 11.59 percent lower than its 52-week 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 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.