Analyst Ratings for BNC Bancorp (BNCN)Updated: 2017-06-08
Analysts covering BNC Bancorp (NASDAQ:BNCN) have given it a consensus rating of Hold. Last month, BNCN received an average rating of Overweight.
1 analysts declared BNCN a buy, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for BNCN. The maximum price target given was 37, implying a possible profit of 6.78 percent. The minimum price target given was 36, which equates to a potential downside of 3.9 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.28 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.85 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of BNCN's earnings is estimated by analysts to be 39.85 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. BNCN has a PEG ratio of 0.66.
BNCN has traded between a high of 37.15 and a low of 21.54 over the past year. The current market price is above the trailing year's low by 60.86 percent, and below the high by 6.73 percent. BNCN has a price/earnings ratio of 26.25. Investors typically compare the P/E ratio to a company's peers in the industry. The BNCN value stock report compares BNCN to some of its peers using value stock charts. The market cap of BNCN is $1.88 billion. BNCN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.