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.

Many analysts weighed in on price targets for COLB. The most optimistic analyst gave a price target of 45, implying potential capital gains of 13.67 percent. The most pessimistic analyst gave a price target of 42, implying a possible loss of 6.09 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -3.04 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.98 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

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 people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of COLB is 5.92.

COLB has a 52-week high of 45.68 and a 52-week low of 28.51. The current market price is above the trailing year's low by 38.86 percent, and 13.33 percent below the high. COLB has a P/E 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.