Analyst Ratings for Columbia Banking System Inc. (COLB)Updated: 2017-07-26
Analysts covering Columbia Banking System Inc. (NASDAQ:COLB) have given it a consensus rating of Hold. About 30 days ago, COLB was issued an average rating of Hold.
A buy rating was issued by 1 analysts, 0 gave an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 0 issued 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.
Investment analysts gave a few price targets for COLB. The most optimistic price target was 45, implying potential capital gains of 13.67 percent. The most pessimistic price target was 42, implying a possible loss of 6.09 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 0 percent. That number becomes -3.04 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 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.98 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of COLB's earnings is estimated by analysts to be 3.45 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 that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of COLB is 5.92.
COLB has traded between a high of 45.68 and a low of 28.51 over the past year. Today's price is 38.86 percent above the 52-week low, and 13.33 percent below the high. COLB has a price/earnings ratio of 20.41. Investors typically compare the P/E ratio to a company's peers in the industry. The COLB value stock report compares COLB to some of its peers using value stock charts. The market cap of COLB is $2.34 billion. COLB will post this quarters earnings in days, on 0000-00-00.