Royal Bank of Canada (NYSE:RY) reported the earnings of $1.69/Share in the last quarter where the estimated EPS by analysts was $1.72/share. The difference between the expected and actual EPS was $-0.03/share, which represents an Earnings surprise of -1.7%.
Many analysts are providing their Estimated Earnings analysis for Royal Bank of Canada and for the current quarter 10 analysts have projected that the stock could give an Average Earnings estimate of $1.35/share. These analysts have also projected a Low Estimate of $1.32/share and a High Estimate of $1.42/share.
In case of Revenue Estimates, 6 analysts have provided their consensus Average Revenue Estimates for Royal Bank of Canada as 7.26 Billion. According to these analysts, the Low Revenue Estimate for Royal Bank of Canada is 6.88 Billion and the High Revenue Estimate is 7.61 Billion. The company had Year Ago Sales of 9.36 Billion.
These analysts also forecasted Growth Estimates for the Current Quarter for RY to be -18.7%. They are projecting Next Quarter growth of -22.2%. For the next 5 years, Royal Bank of Canada is expecting Growth of 4.46% per annum, whereas in the past 5 years the growth was 6.98% per annum.
Some buy side analysts are also providing their Analysis on Royal Bank of Canada, where 0 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 2 said it’s a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. 5 Analysts reported that the Price Target for Royal Bank of Canada might touch $75.25 high while the Average Price Target and Low price Target is $68.57 and $63.1 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. Royal Bank of Canada got Initiated on 1-Nov-16 where investment firm BofA/Merrill Initiated the stock to Underperform.
Royal Bank of Canada closed its last trading session at $71.96 with the loss of -0.43%. The Market Capitalization of the company stands at 106.11 Billion. The Company has 52-week high of $72.24 and 52-week low of $44.37. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 3.62% where SMA50 and SMA200 are 7.22% and 15.98% respectively. The Company Touched its 52-Week High on Jan 13, 2017 and 52-Week Low on Jan 20, 2016.
The Relative Volume of the company is 1.11 and Average Volume (3 months) is 907.05 million. Royal Bank of Canada P/E (price to earnings) ratio is 13.9 and Forward P/E ratio of 12.4.
The company shows its Return on Assets (ROA) value of 0.9%. The Return on Equity (ROE) value stands at 16.1%. While it’s Return on Investment (ROI) value is 16.4%.
While looking at the Stock’s Performance, Royal Bank of Canada currently shows a Weekly Performance of 2.44%, where Monthly Performance is 4.9%, Quarterly performance is 15.08%, 6 Months performance is 18.18% and yearly performance percentage is 62.1%. Year to Date performance value (YTD perf) value is 5.82%. The Stock currently has a Weekly Volatility of 1.08% and Monthly Volatility of 0.90%.