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 highest price target was 41, which equates to a potential upside of 20.77 percent. The most pessimistic price target was 31, which equates to a potential downside 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 162.5 percent. 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. 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. Over the past month, 3 analysts increased their quarterly estimates, 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.

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, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SJI is 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 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.