Analyst Ratings for Sumitomo Mitsui Financial Group Inc. ADR (SMFG)

Updated: 2017-07-28

Analysts covering Sumitomo Mitsui Financial Group Inc. ADR (NYSE:SMFG) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for SMFG last month.

17 analysts issued ratings on the stock, where 11 gave SMFG a buy rating, 1 gave an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 1.

A number of analysts gave price targets for SMFG. The most optimistic price target was 11.67, which equates to a potential upside of 53.75 percent. The minimum price target given was 6.98, which equates to a potential downside of -8.04 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.6 percent. If we look at the last 90 days instead, we find a net average change of -3.89 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of SMFG to grow at a rate of -2.45 percent. People on Wall Street often look at a company's 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SMFG is -3.25.

In the trailing 52-weeks, SMFG hit 8.30 at the highest peak, while it's lowest trading point was 5.82. Today's price is 30.41 percent above the 52-week low, and 8.55 percent lower than its 52-week high. SMFG has a price/earnings ratio of 7.96. Investors typically compare the P/E ratio to a company's peers in the industry. The SMFG value stock report compares SMFG to some of its peers using value stock charts. The market cap of SMFG is $53.46 billion. SMFG's next earnings release will be on 0000-00-00, which is days away.