A share price of Raymond James Financial, Inc. [RJF] is currently trading at $108.91, up 1.52%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RJF shares have lost -2.91% over the last week, with a monthly amount drifted -9.08%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Raymond James Financial, Inc. [NYSE: RJF] stock has seen the most recent analyst activity on July 08, 2024, when Wolfe Research downgraded its rating to a Peer Perform. Previously, JP Morgan upgraded its rating to Overweight on January 10, 2024, and elevated its price target to $135. On January 09, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $117 on the stock. TD Cowen started tracking the stock assigning a Market Perform rating and suggested a price target of $121 on January 04, 2024. Goldman downgraded its rating to a Neutral and reduced its price target to $116 on January 03, 2024. JP Morgan started tracking with a Neutral rating for this stock on September 19, 2023, and assigned it a price target of $121. In a note dated September 11, 2023, BofA Securities initiated an Buy rating and provided a target price of $122 on this stock.
Raymond James Financial, Inc. experienced fluctuations in its stock price throughout the past year between $91.67 and $131.19. Currently, Wall Street analysts expect the stock to reach $128.75 within the next 12 months. Raymond James Financial, Inc. [NYSE: RJF] shares were valued at $108.91 at the most recent close of the market. An investor can expect a potential return of 18.22% based on the average RJF price forecast.
Analyzing the RJF fundamentals
Trailing Twelve Months sales for Raymond James Financial, Inc. [NYSE:RJF] were 14.40B which represents 13.22% growth. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.18 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.38.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 107.80 points at the first support level, and at 106.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 109.59, and for the 2nd resistance point, it is at 110.27.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.56, the price to book ratio is 2.01 and price to earnings (TTM) ratio is 12.29.
Transactions by insiders
Recent insider trading involved Allaire Bella Loykhter, Officer, that happened on Jul 31 ’24 when 17363.0 shares were purchased. Executive Vice President-RJA, Allaire Bella Loykhter completed a deal on Jul 31 ’24 to sell 17363.0 shares. Meanwhile, Pres-GlobEq&Inv Banking-RJA Bunn James E sold 11095.0 shares on May 03 ’24.
