Analyst Ratings for City Holding Co. (CHCO)Updated: 2017-07-28
An average rating of Hold has been given to City Holding Co. (NASDAQ:CHCO) by analysts covering the stock. CHCO had previously received a consensus rating of Hold a month ago.
5 analysts issued ratings on the stock, where 0 gave CHCO a buy rating, 0 issued an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 0 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 CHCO. The most optimistic price target was 72, implying a possible profit of 9.99 percent. The lowest price target was 66, implying a possible loss of 0.82 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 8.36 percent. That number becomes 8.36 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 7.78 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 7.78 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
CHCO has an estimated earnings growth rate of 0.18 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. CHCO has a PEG ratio of 94.94.
In the trailing 52-weeks, CHCO hit 74.90 at the highest peak, while it's lowest trading point was 46.48. Currently the stock is 40.83 percent higher than its low, and below the high by 12.6 percent. CHCO has a P/E ratio of 17.09. Investors typically compare the P/E ratio to a company's peers in the industry. The CHCO value stock report compares CHCO to some of its peers using value stock charts. The market cap of CHCO is $1.03 billion. CHCO's next earnings release will be on 0000-00-00, which is days away.