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 most optimistic price target was 44.28, implying a possible profit of 15.58 percent. The most pessimistic analyst gave a price target of 36, implying potential capital losses of -6.03 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 4.17 percent. That number becomes -1.32 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 5.22 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.66 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 4 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 4 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.
SLF has an estimated earnings growth rate of -25.34 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, 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.
SLF has a 52-week high of 40.57 and a 52-week low of 30.38. The current market price is above the trailing year's low by 26.1 percent, and 5.57 percent below the high. 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 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.