Consider This Before Taking a Position in Raymond James Financial (RJF)

By Emilio Sanchez • Thursday, August 14 10:12 • Permanent Link

More and more people are talking about Raymond James Financial over the last few weeks. Is it worth buying the Capital Markets stock at a price of $163.67? Only time will tell. The information below will give you a basic idea of what this investment may entail:

Raymond James Financial has moved 42.1% over the last year, and the S&P 500 logged a change of 16.7%
Its trailing earnings per share (EPS) is $10.21
Raymond James Financial has a trailing 12 month Price to Earnings (P/E) ratio of 16.0 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $11.14 and its forward P/E ratio is 14.7
The company has a Price to Book (P/B) ratio of 2.69 in contrast to the S&P 500's average ratio of 4.74
Raymond James Financial is part of the Finance sector, which has an average P/E ratio of 15.92 and an average P/B of 1.78
RJF has reported YOY quarterly earnings growth of -8.2% and gross profit margins of 0.9%
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; diversification strategies and alternative investment products; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, such as equity and debt underwriting, and merger and acquisition advisory services; and fixed income and equity brokerage services. This segment also offers institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. The Asset Management segment provides asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Bank segment offers various types of loans, including securities-based, commercial and industrial, commercial real estate and construction, real estate investment trust, residential mortgage, and tax-exempt loans; insured deposit accounts; retail and corporate deposit; and liquidity management products and services. The Other segment engages in the private equity investments comprising invests in third-party funds. Raymond James Financial, Inc. was founded in 1962 and is headquartered in Saint Petersburg, Florida.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.