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.
Many analysts weighed in on price targets for VOYA. The most optimistic price target was 56, which equates to a potential upside of 44.59 percent. The most pessimistic analyst gave a price target of 38, implying a possible loss of -1.88 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.28 percent. If we look at the last 90 days instead, we find a net average change of -0.56 percent in FY estimates.
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, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
In the trailing 52-weeks, VOYA hit 42.96 at the highest peak, while it's lowest trading point was 24.86. Currently the stock is 55.79 percent higher than its low, and 9.85 percent below the high. VOYA has a price/earnings 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.