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 price target was 79, implying potential capital gains of 0.57 percent. The most pessimistic analyst gave a price target of 65, which equates to a potential downside of -17.25 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
Analysts estimate earnings of TMK to grow at a rate of 1.61 percent. It's possible to gain additional insight about growth valuation of a company by looking at 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. TMK has a PEG ratio of 10.59.
In the trailing 52-weeks, TMK hit 79.53 at the highest peak, while it's lowest trading point was 60.49. The current market price is above the trailing year's low by 29.86 percent, and 1.23 percent below the 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 market cap of TMK is $9.22 billion. TMK is estimated to release their earnings results for the quarter on 0000-00-00, days from today.