Analyst Ratings for Ameris Bancorp (ABCB)Updated: 2017-07-27
Shares of Ameris Bancorp (NASDAQ:ABCB) have received a consensus rating of Overweight from Wall Street analysts. ABCB had previously received a consensus rating of Overweight a month ago.
6 analysts issued ratings on the stock, where 2 gave ABCB a buy rating, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for ABCB. The highest price target was 55, implying potential capital gains of 19.18 percent. The most pessimistic price target was 47.5, implying a possible loss of 2.93 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -3.62 percent. The average change in earnings estimates over the last 90 days is -3.62 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -2.31 percent. If we look at the last 90 days instead, we find a net average change of -2.12 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 3 analysts made negative revisions to their fiscal year's estimates.
The growth rate of ABCB's earnings is estimated by analysts to be 9.13 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ABCB is 2.16.
ABCB has traded between a high of 51.28 and a low of 32.35 over the past year. Currently the stock is 42.66 percent higher than its low, and below the high by 10 percent. ABCB has a P/E ratio of 19.72. Investors typically compare the P/E ratio to a company's peers in the industry. The ABCB value stock report compares ABCB to some of its peers using value stock charts. The stock has a market capitalization of $1.71 billion. ABCB's next earnings release will be on 0000-00-00, which is days away.