Analyst Ratings for Commerce Bancshares Inc. (CBSH)

Updated: 2017-07-28

An average rating of Hold has been given to Commerce Bancshares Inc. (NASDAQ:CBSH) by analysts covering the stock. About 30 days ago, CBSH was issued an average rating of Hold.

A buy rating was issued by 0 analysts, 0 issued an overweight rating, 8 gave a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for CBSH. The most optimistic analyst gave a price target of 62, which equates to a potential upside of 7.21 percent. The lowest price target was 49, which equates to a potential downside of -15.27 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.45 percent. That number becomes 3.45 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 3.52 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 3.52 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 8 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 9 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

CBSH has an estimated earnings growth rate of 6.55 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. CBSH has a PEG ratio of 3.2.

In the trailing 52-weeks, CBSH hit 60.61 at the highest peak, while it's lowest trading point was 44.27. Today's price is 30.63 percent above the 52-week low, and below the high by 4.59 percent. CBSH has a P/E ratio of 20.97. Investors typically compare the P/E ratio to a company's peers in the industry. The CBSH value stock report compares CBSH to some of its peers using value stock charts. The stock has a market capitalization of $5.88 billion. CBSH will post this quarters earnings in days, on 0000-00-00.