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.
Investment analysts gave a few price targets for SLF. The highest price target was 44.28, which equates to a potential upside of 15.58 percent. The most pessimistic analyst gave a price target of 36, implying potential capital losses of -6.03 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 4.17 percent. The average change in earnings estimates over the last 90 days is -1.32 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 5.22 percent, as compared to a month ago. 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. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
SLF has an estimated earnings growth rate of -25.34 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. The PEG ratio of SLF is -0.37.
In the trailing 52-weeks, SLF hit 40.57 at the highest peak, while it's lowest trading point was 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 price/earnings 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 market cap of SLF is $29.27 billion. SLF will post this quarters earnings in days, on 0000-00-00.