Headlines about Raymond James Financial (NYSE:RJF) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Raymond James Financial earned a news impact score of 0.19 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 47.2518212538051 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Raymond James’ Scout Investments Buyout to Boost Earnings (zacks.com)
- Raymond James Financial, Inc. breached its 50 day moving average in a Bullish Manner : RJF-US : November 21, 2017 (finance.yahoo.com)
- Raymond James' Scout Investments Buyout to Boost Earnings (finance.yahoo.com)
- Recent Analysis Shows Fortive, Raymond James Financial, Arthur J. Gallagher, Edgewell Personal Care, WEC Energy … – Markets Insider (markets.businessinsider.com)
- US Stocks Poised For 10% Holiday Drop: Raymond James – Investopedia (blog) (investopedia.com)
Raymond James Financial (RJF) traded up $0.94 during trading on Tuesday, hitting $84.72. 754,100 shares of the stock traded hands, compared to its average volume of 785,882. The company has a market capitalization of $12,240.00, a price-to-earnings ratio of 16.49, a P/E/G ratio of 0.84 and a beta of 1.71. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 0.48. Raymond James Financial has a fifty-two week low of $68.97 and a fifty-two week high of $87.22.
Raymond James Financial (NYSE:RJF) last released its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.47 EPS for the quarter, topping the consensus estimate of $1.32 by $0.15. The business had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.67 billion. Raymond James Financial had a net margin of 9.75% and a return on equity of 13.97%. The company’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.28 earnings per share. research analysts expect that Raymond James Financial will post 5.89 earnings per share for the current year.
Several analysts have weighed in on the stock. Buckingham Research boosted their target price on shares of Raymond James Financial from $92.00 to $96.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $85.00 target price on shares of Raymond James Financial in a research note on Tuesday, October 3rd. Wells Fargo & Company upgraded shares of Raymond James Financial from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $86.00 to $90.00 in a research note on Thursday, September 14th. Zacks Investment Research upgraded shares of Raymond James Financial from a “hold” rating to a “buy” rating and set a $87.00 target price for the company in a research note on Wednesday, August 30th. Finally, BidaskClub lowered shares of Raymond James Financial from a “buy” rating to a “hold” rating in a research note on Sunday, August 6th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $89.67.
Raymond James Financial Company Profile
Raymond James Financial, Inc (RJF) is a financial holding company. The Company’s subsidiaries include Raymond James & Associates, Inc (RJ&A), Raymond James Financial Services, Inc (RJFS), Raymond James Financial Services Advisors, Inc (RJFSA), Raymond James Ltd. (RJ Ltd.), Eagle Asset Management, Inc (Eagle), and Raymond James Bank, N.A.
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