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.
CVBF was given price targets by several analysts. The most optimistic analyst gave a price target of 23, implying potential capital gains of 5.36 percent. The minimum price target given was 21, which equates to a potential downside of -3.8 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. 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. 0 analysts made positive revisions to their quarterly estimates over the past month, 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.
CVBF has an estimated earnings growth rate of 6.9 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CVBF is 3.14.
In the trailing 52-weeks, CVBF hit 24.63 at the highest peak, while it's lowest trading point was 16.11. The current market price is above the trailing year's low by 35.51 percent, and 11.37 percent below the high. 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 market cap of CVBF is $2.38 billion. CVBF is estimated to release their earnings results for the quarter on 0000-00-00, days from today.