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.
Several price targets were given for COBZ by the analysts covering the stock. The most optimistic analyst gave a price target of 20, which equates to a potential upside of 12.23 percent. The lowest price target was 17.5, which equates to a potential downside of -1.8 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 4.55 percent. The average change in earnings estimates over the last 90 days is 4.55 percent. Meanwhile, fiscal year estimates have been revised upwards by 2.87 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.15 percent.
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, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of COBZ to grow at a rate of -0.74 percent. The PEG ratio of a stock is another value frequently studied by investors. 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of COBZ is -27.05.
COBZ has traded between a high of 18.85 and a low of 11.80 over the past year. Today's price is 51.02 percent above the 52-week low, and below the high by 5.46 percent. 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 stock has a market capitalization of $0.75271 billion. COBZ will post this quarters earnings in days, on 0000-00-00.