Analyst Ratings for Voya Financial Inc. (VOYA)Updated: 2017-07-28
Voya Financial Inc. (NYSE:VOYA) was awarded an average rating of Overweight from investment analysts following the stock. VOYA had previously received a consensus rating of Overweight a month ago.
14 analysts issued ratings on the stock, where 9 gave VOYA a buy rating, 0 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. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for VOYA. The highest price target was 56, which equates to a potential upside of 44.59 percent. The minimum price target given was 38, implying potential capital losses of -1.88 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.58 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -5.56 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.28 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.56 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
In the trailing 52-weeks, VOYA hit 42.96 at the highest peak, while it's lowest trading point was 24.86. The current market price is above the trailing year's low by 55.79 percent, and 9.85 percent lower than its 52-week high. VOYA has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The VOYA value stock report compares VOYA to some of its peers using value stock charts. The market cap of VOYA is $7.02 billion. VOYA's next earnings release will be on 0000-00-00, which is days away.