For its fourth fiscal quarter (ending September 30), Raymond James Financial Inc. (NYSE: RJF) has reported E.P.S. of $2.93 compared to $2.07 a year ago. E.P.S. were $9.94 for the latest four quarters through September 30 versus $8.16 for the same period a year ago.
Recent Price Action
Raymond James Financial Inc. (NYSE: RJF) stock rose modestly by 0.9% on 10/23/24. The stock closed at $137.36. Moreover, trading volume in this advance was unusually high at 186% of normal. The stock has risen 3.2% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
RJF is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Raymond James Financial has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Raymond James Financial has a neutral Power Rating of 59 and a slightly positive Appreciation Score of 64, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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