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.
Many analysts weighed in on price targets for BNCN. The most optimistic price target was 37, which equates to a potential upside of 6.78 percent. The minimum price target given was 36, which equates to a potential downside of 3.9 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.28 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.85 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of BNCN to grow at a rate of 39.85 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of BNCN is 0.66.
BNCN has traded between a high of 37.15 and a low of 21.54 over the past year. Currently the stock is 60.86 percent higher than its low, and 6.73 percent below the high. BNCN has a P/E 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 stock has a market capitalization of $1.88 billion. BNCN's next earnings release will be on 0000-00-00, which is days away.