Raymond James Financial Inc. (NYSE:RJF) went up by 1.97% during the previous trading session, and it is maintaining the win ahead of Friday’s trading session. The share price of the Capital Markets giant went up by $73.66 to trade ended Friday trading at $72.24. This is up from the $72.24 price recorded on Thursday’s trading session. Thanks to this latest performance, RJF is closer to the higher price 52-week target of $95.00 and further from the lowest price target of $56.00. Its performance from the start of the year has also been negative, with RJF down by -17.66% year-to-date.
Raymond James Financial Inc. (RJF) started the day trading at $73.84 and recorded an intraday high of $73.84. It also recorded an intraday low of $71.14 during Friday’s trading session. Raymond James Financial Inc. is a very active stock that recorded a trading volume that is more than 43.01% of the average daily trading volume on Friday. The stock’s trading volume on Friday was 2035453, which is more than 43.01 of the total average daily trading volume of 1.16 million.
Raymond James Financial Inc. (NYSE:RJF) 2020 Performance Impressive
The increase in RJF’s stock price on Friday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of RJF currently stands at $102.45, which is higher than the current trading price of the stock by 28.1%. However, RJF’s current trading price is -35.88% lower than the 52-week low price of $54.21. In terms of trading volume, Raymond James Financial Inc. currently experienced healthy participation during the last trading session. 2035453 shares of Raymond James Financial Inc. were traded on the stock exchange on Friday, which is more than 43.01% of the 1.16 million average trading volume of the stock.
The performance of the stock has been positive over the past year. RJF’s performance over the past one year has seen it plunge by -8.71%, while the stock has gone down by -19.05% in the last six months. The quarterly performance of RJF currently stands at 19.93%, and it is up by 11.93% in the last month. The only positive figure was from the weekly performance, which currently reads 2.88%. At the time of writing RJF’s report, the company has a total market cap of $9.90B, making it one of the largest publicly-traded companies in the world.Raymond James Financial Inc. also has over 14200 employees all over the world.
RJF Insider Activities
For Raymond James Financial Inc., insiders hold 75.50% of all company shares. The insider transactions over the past six months are up by 0.20%. During that period, insiders bought 90,529 shares in 27 transactions. In that same period, insiders sold 106,802 of their shares in 23 transactions. After these transactions, insiders at Raymond James Financial Inc. now hold 14.66M shares, which is over 73.72% of the total company stocks. Institutional investors currently hold a large chunk of the RJF shares, as they control 10.70% of the company’s total stock.
RJF Fundamental Analysis
For Raymond James Financial Inc., the stock’s diluted earnings per share (EPS) stands at 6.75. In the coming year, analysts expect the EPS to be 5.28. The EPS growth will slow down over the next five years to -6.35% after surging by 16.60% in the previous five years. In terms of revenue, Raymond James Financial Inc.’s quarterly sales (YOY) is growing at 0.90, which is lower than the average annual revenue of 16.60% over the past half a decade.
The Return on Investment (ROI) on Raymond James Financial Inc.’s stock currently stands at 3.30%, and it has a net profit margin of 11.60%. The operating margin of the company is 15.80%, and its gross margin is 94.90%.
RJF Analysts Prediction
Citigroup reiterate their Neutral position on the stock ($71 and $60)
Analysts at Goldman believe that RJF is Sell, and they have a price target of between $79 and $50.
At the moment, Raymond James Financial Inc.’s Total Debt to Equity ratio stands at 4.88, and they have a long-term Debt to Equity ratio of 0.43.
RJF Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of RJF currently stands at 0.41%, while the SMA50 is 8.55%. The biggest one is the SMA200, which is currently reading -8.39% ahead of Friday’s trading session. The Relative Strength Index of this stock is 54.30, while its price to earnings ratio (P/E) is 10.92.