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.
Several price targets were given for BNCN by the analysts covering the stock. The highest price target was 37, implying a possible profit of 6.78 percent. The most pessimistic analyst gave a price target of 36, implying potential capital losses of 3.9 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 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.28 percent, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
BNCN has an estimated earnings growth rate of 39.85 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, 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, 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.
In the trailing 52-weeks, BNCN hit 37.15 at the highest peak, while it's lowest trading point was 21.54. Today's price is 60.86 percent above the 52-week low, and 6.73 percent below the high. 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 stock has a market capitalization of $1.88 billion. BNCN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.