4 analysts have expressed a variety of opinions on Raymond James Finl RJF over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 1 | 3 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 3 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $131.5, along with a high estimate of $135.00 and a low estimate of $123.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 0.19%.
Exploring Analyst Ratings: An In-Depth Overview
A comprehensive examination of how financial experts perceive Raymond James Finl is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Michael Cho | JP Morgan | Lowers | Overweight | $135.00 | $137.00 |
Brennan Hawken | UBS | Lowers | Neutral | $135.00 | $138.00 |
Gerald O'Hara | Jefferies | Raises | Hold | $123.00 | $122.00 |
Bill Katz | TD Cowen | Raises | Hold | $133.00 | $130.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Raymond James Finl. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Raymond James Finl compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Raymond James Finl's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Raymond James Finl's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Raymond James Finl analyst ratings.
Discovering Raymond James Finl: A Closer Look
Raymond James Financial is a financial holding company whose major operations include wealth management, investment banking, asset management, and commercial banking. The company supports more than 8,000 employee and independent contractor financial advisors across the United States, Canada, and the United Kingdom with over $1.2 trillion of assets under administration as of September 2023. Approximately 90% of the company's revenue is from the US and 70% is from the company's wealth-management segment.
Understanding the Numbers: Raymond James Finl's Finances
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Positive Revenue Trend: Examining Raymond James Finl's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 8.35% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Raymond James Finl's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 15.39% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Raymond James Finl's ROE stands out, surpassing industry averages. With an impressive ROE of 4.38%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Raymond James Finl's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.59%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Raymond James Finl's debt-to-equity ratio is below the industry average. With a ratio of 0.31, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
How Are Analyst Ratings Determined?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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