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.
TMK was given price targets by several analysts. The most optimistic analyst gave a price target of 79, implying potential capital gains of 0.57 percent. The lowest price target was 65, which equates to a potential downside of -17.25 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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 upwards by 0.11 percent. If we look at the last 90 days instead, we find a net average change of 0.11 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
Analysts estimate earnings of TMK to grow at a rate of 1.61 percent. Another measure frequently examined by investors is 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. 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. TMK has a PEG ratio of 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.