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.

Several price targets were given for SMFG by the analysts covering the stock. The highest price target was 11.67, implying a possible profit of 53.75 percent. The lowest price target was 6.98, which equates to a potential downside of -8.04 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.6 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -3.89 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, 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. 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, as that can indicate whether the high price level of a stock is warranted by high growth. 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 SMFG is -3.25.

SMFG has traded between a high of 8.30 and a low of 5.82 over the past year. The current market price is above the trailing year's low by 30.41 percent, and 8.55 percent below the high. SMFG has a P/E 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 stock has a market capitalization of $53.46 billion. SMFG will post this quarters earnings in days, on 0000-00-00.