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 price target was 20, implying potential capital gains of 12.23 percent. The most pessimistic price target was 17.5, which equates to a potential downside of -1.8 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. 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.
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. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of COBZ's earnings is estimated by analysts to be -0.74 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Today's price is 51.02 percent above the 52-week low, and 5.46 percent below the 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's next earnings release will be on 0000-00-00, which is days away.