Analyst Ratings for Eagle Bancorp Inc. (EGBN)

Updated: 2017-07-29

An average rating of Overweight has been given to Eagle Bancorp Inc. (NASDAQ:EGBN) by analysts covering the stock. A consensus rating of Overweight was previously issued for EGBN last month.

A buy rating was issued by 3 analysts, 1 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

EGBN was given price targets by several analysts. The most optimistic analyst gave a price target of 72, which equates to a potential upside of 16.6 percent. The lowest price target was 64, implying a possible loss of 3.64 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 2.49 percent on average, compared to last month. That number becomes 3.12 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 2.68 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.01 percent.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of EGBN's earnings is estimated by analysts to be 6.35 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. EGBN has a PEG ratio of 3.17.

EGBN has traded between a high of 65.00 and a low of 47.20 over the past year. The current market price is above the trailing year's low by 30.83 percent, and below the high by 5 percent. EGBN has a price/earnings ratio of 20.11. Investors typically compare the P/E ratio to a company's peers in the industry. The EGBN value stock report compares EGBN to some of its peers using value stock charts. The stock has a market capitalization of $2.11 billion. EGBN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.