At the time of writing, Raymond James Financial, Inc. [RJF] stock is trading at $133.14, up 2.29%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RJF shares have gain 6.60% over the last week, with a monthly amount glided 11.20%, and 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 October 09, 2024, when JMP Securities upgraded its rating to a Mkt Outperform but kept the price target unchanged to $146 for it. Previously, Wells Fargo started tracking the stock with Overweight rating on September 12, 2024, and set its price target to $138. On July 08, 2024, downgrade downgraded it’s rating to Peer Perform. JP Morgan upgraded its rating to a Overweight and increased its price target to $135 on January 10, 2024. Jefferies downgraded its rating to a Hold and raised its price target to $117 on January 09, 2024. TD Cowen started tracking with a Market Perform rating for this stock on January 04, 2024, and assigned it a price target of $121. In a note dated January 03, 2024, Goldman downgraded an Neutral rating on this stock and revised its target price from $125 to $116.
For the past year, the stock price of Raymond James Financial, Inc. fluctuated between $91.67 and $131.19. Currently, Wall Street analysts expect the stock to reach $135.2 within the next 12 months. Raymond James Financial, Inc. [NYSE: RJF] shares were valued at $133.14 at the most recent close of the market. An investor can expect a potential return of 1.55% based on the average RJF price forecast.
Analyzing the RJF fundamentals
According to Raymond James Financial, Inc. [NYSE:RJF], the company’s sales were 14.40B for trailing twelve months, which represents an 13.22% jump. 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 130.97 points at the first support level, and at 128.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 135.34, and for the 2nd resistance point, it is at 137.54.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.90, the price to book ratio is 2.46 and price to earnings (TTM) ratio is 15.03.
Transactions by insiders
Recent insider trading involved Elwyn Tashtego S, CEO & President – RJA, that happened on Aug 12 ’24 when 31277.0 shares were sold. Officer, Elwyn Tashtego S completed a deal on Aug 12 ’24 to buy 31277.0 shares. Meanwhile, Executive Vice President-RJA Allaire Bella Loykhter sold 17363.0 shares on Jul 31 ’24.
