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.

Several price targets were given for COLB by the analysts covering the stock. The highest price target was 45, implying a possible profit of 13.67 percent. The minimum price target given was 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.

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.

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 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. Another measure frequently examined by investors is 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. 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.

COLB has a 52-week high of 45.68 and a 52-week low of 28.51. Currently the stock is 38.86 percent higher than its low, 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 stock has a market capitalization of $2.34 billion. COLB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.