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 most optimistic analyst gave a price target of 20, implying a possible profit of 12.23 percent. The most pessimistic price target was 17.5, implying a possible loss of -1.8 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 4.55 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 4.55 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 2.87 percent. If we look at the last 90 days instead, we find a net average change of 1.15 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, 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. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of COBZ is -27.05.
In the trailing 52-weeks, COBZ hit 18.85 at the highest peak, while it's lowest trading point was 11.80. Today's price is 51.02 percent above the 52-week low, and 5.46 percent lower than its 52-week high. COBZ has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.