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.
A number of analysts gave price targets for SLF. The maximum price target given was 44.28, implying a possible profit of 15.58 percent. The lowest price target was 36, implying a possible loss of -6.03 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 4.17 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.32 percent. 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. 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 decreased their estimates.
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. A lower PEG ratio is favorable, 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, 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. The current market price is above the trailing year's low by 26.1 percent, 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 market cap of SLF is $29.27 billion. SLF will post this quarters earnings in days, on 0000-00-00.