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.

Investment analysts gave a few price targets for CBSH. The highest price target was 62, implying a possible profit of 7.21 percent. The minimum price target given was 49, which equates to a potential downside of -15.27 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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.

People are often interested in whether analysts were united in the direction of their revisions. 8 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 9 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of CBSH's earnings is estimated by analysts to be 6.55 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of CBSH is 3.2.

CBSH has a 52-week high of 60.61 and a 52-week low of 44.27. The current market price is above the trailing year's low by 30.63 percent, and 4.59 percent lower than its 52-week high. CBSH has a price/earnings 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 market cap of CBSH is $5.88 billion. CBSH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.