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.
CHCO was given price targets by several analysts. The most optimistic price target was 72, implying potential capital gains of 9.99 percent. The minimum price target given was 66, which equates to a potential downside of 0.82 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. Meanwhile, fiscal year estimates have been revised upwards by 7.78 percent, compared to last month. 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. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of CHCO's earnings is estimated by analysts to be 0.18 percent. Another measure frequently examined by investors is 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. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CHCO is 94.94.
In the last 52-weeks, CHCO has achieved a high of 74.90 and a low of 46.48. The current market price is above the trailing year's low by 40.83 percent, 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.