Analyst Ratings for Torchmark Corp. (TMK)Updated: 2017-07-26
Torchmark Corp. (NYSE:TMK) was awarded an average rating of Underweight from investment analysts following the stock. About 30 days ago, TMK was issued an average rating of Underweight.
11 analysts issued ratings on the stock, where 0 gave TMK a buy rating, 0 gave an overweight rating, 6 gave a hold rating, 1 issued an underweight rating, and 4 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for TMK. The most optimistic analyst gave a price target of 79, implying a possible profit of 0.57 percent. The most pessimistic price target was 65, implying a possible loss of -17.25 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.11 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.11 percent.
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. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
Analysts estimate earnings of TMK to grow at a rate of 1.61 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of TMK is 10.59.
In the last 52-weeks, TMK has achieved a high of 79.53 and a low of 60.49. Currently the stock is 29.86 percent higher than its low, and 1.23 percent lower than its 52-week high. TMK has a P/E ratio of 17.05. Investors typically compare the P/E ratio to a company's peers in the industry. The TMK value stock report compares TMK to some of its peers using value stock charts. The stock has a market capitalization of $9.22 billion. TMK will post this quarters earnings in days, on 0000-00-00.