Analyst Ratings for CVB Financial Corp. (CVBF)Updated: 2017-07-27
An average rating of Hold has been given to CVB Financial Corp. (NASDAQ:CVBF) by analysts covering the stock. A consensus rating of Hold was previously issued for CVBF last month.
Of the 8 analysts covering the stock, 0 gave it a buy rating, 0 issued an overweight rating, 8 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for CVBF. The most optimistic analyst gave a price target of 23, implying a possible profit of 5.36 percent. The minimum price target given was 21, implying a possible loss of -3.8 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.93 percent. If we look at the last 90 days instead, we find a net average change of -0.93 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 4 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of CVBF to grow at a rate of 6.9 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, 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. CVBF has a PEG ratio of 3.14.
CVBF has traded between a high of 24.63 and a low of 16.11 over the past year. Today's price is 35.51 percent above the 52-week low, and 11.37 percent lower than its 52-week high. CVBF has a price/earnings ratio of 21.68. Investors typically compare the P/E ratio to a company's peers in the industry. The CVBF value stock report compares CVBF to some of its peers using value stock charts. The market cap of CVBF is $2.38 billion. CVBF will post this quarters earnings in days, on 0000-00-00.