Analyst Ratings for East West Bancorp Inc. (EWBC)

Updated: 2017-07-28

An average rating of Overweight has been given to East West Bancorp Inc. (NASDAQ:EWBC) by analysts covering the stock. EWBC had previously received a consensus rating of Overweight a month ago.

14 analysts issued ratings on the stock, where 7 gave EWBC a buy rating, 1 issued an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for EWBC. The highest price target was 68, implying potential capital gains of 19.17 percent. The most pessimistic analyst gave a price target of 57, which equates to a potential downside of -0.11 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.76 percent. The average change in earnings estimates over the last 90 days is 1.76 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.4 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.81 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 8 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 6 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of EWBC to grow at a rate of -0.43 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. EWBC has a PEG ratio of -38.02.

EWBC has traded between a high of 60.42 and a low of 33.02 over the past year. Currently the stock is 72.8 percent higher than its low, and 5.56 percent lower than its 52-week high. EWBC has a P/E ratio of 16.35. Investors typically compare the P/E ratio to a company's peers in the industry. The EWBC value stock report compares EWBC to some of its peers using value stock charts. The stock has a market capitalization of $8.24 billion. EWBC's next earnings release will be on 0000-00-00, which is days away.