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.

SMFG was given price targets by several analysts. The maximum price target given was 11.67, implying potential capital gains of 53.75 percent. The most pessimistic price target was 6.98, implying potential capital losses 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. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.6 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.89 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

SMFG has an estimated earnings growth rate of -2.45 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SMFG is -3.25.

SMFG has a 52-week high of 8.30 and a 52-week low of 5.82. Currently the stock is 30.41 percent higher than its low, 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.