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.
A number of analysts gave price targets for COLB. The most optimistic price target was 45, implying a possible profit of 13.67 percent. The most pessimistic analyst gave a price target of 42, implying potential capital losses of 6.09 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 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.04 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.98 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of COLB's earnings is estimated by analysts to be 3.45 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. COLB has a PEG ratio of 5.92.
In the last 52-weeks, COLB has achieved a high of 45.68 and a low of 28.51. Today's price is 38.86 percent above the 52-week low, and below the high by 13.33 percent. 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.