Analyst Ratings for Sun Life Financial Inc. (SLF)Updated: 2017-07-29
An average rating of Overweight has been given to Sun Life Financial Inc. (NYSE:SLF) by analysts covering the stock. A consensus rating of Overweight was previously issued for SLF last month.
18 analysts issued ratings on the stock, where 7 gave SLF a buy rating, 1 issued an overweight rating, 10 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
SLF was given price targets by several analysts. The most optimistic price target was 44.28, implying potential capital gains of 15.58 percent. The minimum price target given was 36, implying a possible loss of -6.03 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 4.17 percent on average, compared to last month. That number becomes -1.32 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 5.22 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.66 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 4 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
SLF has an estimated earnings growth rate of -25.34 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at 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. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. SLF has a PEG ratio of -0.37.
In the last 52-weeks, SLF has achieved a high of 40.57 and a low of 30.38. Today's price is 26.1 percent above the 52-week low, and below the high by 5.57 percent. SLF has a P/E ratio of 9.46. Investors typically compare the P/E ratio to a company's peers in the industry. The SLF value stock report compares SLF to some of its peers using value stock charts. The stock has a market capitalization of $29.27 billion. SLF is estimated to release their earnings results for the quarter on 0000-00-00, days from today.