Analyst Ratings for CoBiz Financial Inc. (COBZ)Updated: 2017-07-27
Analysts covering CoBiz Financial Inc. (NASDAQ:COBZ) have given it a consensus rating of Overweight. About 30 days ago, COBZ was issued an average rating of Overweight.
6 analysts issued ratings on the stock, where 3 gave COBZ a buy rating, 0 issued an overweight rating, 3 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.
A number of analysts gave price targets for COBZ. The maximum price target given was 20, which equates to a potential upside of 12.23 percent. The most pessimistic analyst gave a price target of 17.5, which equates to a potential downside of -1.8 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 4.55 percent on average, compared to last month. That number becomes 4.55 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 2.87 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.15 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of COBZ's earnings is estimated by analysts to be -0.74 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. 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, though it could be better to see where the ratio stands relative to peers in the industry. COBZ has a PEG ratio of -27.05.
In the trailing 52-weeks, COBZ hit 18.85 at the highest peak, while it's lowest trading point was 11.80. The current market price is above the trailing year's low by 51.02 percent, and 5.46 percent lower than its 52-week high. COBZ has a price/earnings ratio of 20.02. Investors typically compare the P/E ratio to a company's peers in the industry. The COBZ value stock report compares COBZ to some of its peers using value stock charts. The market cap of COBZ is $0.75271 billion. COBZ will post this quarters earnings in days, on 0000-00-00.