A new trading day began on Tuesday, with Raymond James Financial, Inc (NYSE: RJF) stock price down -0.90% from the previous day of trading, before settling in for the closing price of $166.95. RJF’s price has ranged from $104.24 to $171.38 over the past 52 weeks.
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Annual sales at Financial sector company grew by 13.50% over the past five years. Meanwhile, its annual earnings per share averaged 3.45%. With a float of $183.44 million, this company’s outstanding shares have now reached $203.29 million.
Let’s look at the performance matrix of the company that is accounted for 23961 employees. In terms of profitability, gross margin is 90.77%, operating margin of 32.32%, and the pretax margin is 18.43%.
Raymond James Financial, Inc (RJF) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Asset Management Industry. The insider ownership of Raymond James Financial, Inc is 10.10%, while institutional ownership is 77.15%. The most recent insider transaction that took place on Dec 02 ’24, was worth 8,365,065. In this transaction Chair & CEO of this company sold 50,000 shares at a rate of $167.30, taking the stock ownership to the 283,110 shares. Before that another transaction happened on Nov 29 ’24, when Company’s Executive Chair RJBank sold 10,136 for $169.62, making the entire transaction worth $1,719,289. This insider now owns 43,432 shares in total.
Raymond James Financial, Inc (RJF) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 2.4 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.90% during the next five years compared to 15.21% growth over the previous five years of trading.
Raymond James Financial, Inc (NYSE: RJF) Trading Performance Indicators
Here are Raymond James Financial, Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.26. Likewise, its price to free cash flow for the trailing twelve months is 19.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.70, a number that is poised to hit 2.61 in the next quarter and is forecasted to reach 11.13 in one year’s time.
Technical Analysis of Raymond James Financial, Inc (RJF)
Raymond James Financial, Inc (NYSE: RJF) saw its 5-day average volume 1.03 million, a negative change from its year-to-date volume of 1.14 million. As of the previous 9 days, the stock’s Stochastic %D was 61.89%. Additionally, its Average True Range was 3.26.
During the past 100 days, Raymond James Financial, Inc’s (RJF) raw stochastic average was set at 91.17%, which indicates a significant increase from 50.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.53% in the past 14 days, which was lower than the 30.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $145.36, while its 200-day Moving Average is $126.50. Nevertheless, the first resistance level for the watch stands at $167.52 in the near term. At $169.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $170.96. If the price goes on to break the first support level at $164.09, it is likely to go to the next support level at $162.73. Assuming the price breaks the second support level, the third support level stands at $160.66.
Raymond James Financial, Inc (NYSE: RJF) Key Stats
With a market capitalization of 33.76 billion, the company has a total of 204,045K Shares Outstanding. Currently, annual sales are 12,821 M while annual income is 2,068 M. The company’s previous quarter sales were 3,462 M while its latest quarter income was 602,000 K.
