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 price target was 23, implying potential capital gains of 5.36 percent. The minimum price target given was 21, implying potential capital losses of -3.8 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.93 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.93 percent.
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 decreased their estimates.
The growth rate of CVBF's earnings is estimated by analysts to be 6.9 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of CVBF is 3.14.
CVBF has traded between a high of 24.63 and a low of 16.11 over the past year. The current market price is above the trailing year's low by 35.51 percent, and below the high by 11.37 percent. CVBF has a P/E 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 stock has a market capitalization of $2.38 billion. CVBF will post this quarters earnings in days, on 0000-00-00.