Analyst Ratings for German American Bancorp Inc. (GABC)Updated: 2017-07-28
An average rating of Hold has been given to German American Bancorp Inc. (NASDAQ:GABC) by analysts covering the stock. About 30 days ago, GABC was issued an average rating of Hold.
A buy rating was issued by 0 analysts, 0 issued an overweight rating, 6 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
A number of analysts gave price targets for GABC. The most optimistic analyst gave a price target of 35, implying a possible profit of -1.8 percent. The most pessimistic analyst gave a price target of 33, implying a possible loss of -7.41 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.29 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of GABC to grow at a rate of 0.93 percent. People on Wall Street often look at a company's 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. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. GABC has a PEG ratio of 22.11.
GABC has a 52-week high of 36.31 and a 52-week low of 22.55. Today's price is 58.05 percent above the 52-week low, and 1.85 percent below the high. GABC has a price/earnings ratio of 20.56. Investors typically compare the P/E ratio to a company's peers in the industry. The GABC value stock report compares GABC to some of its peers using value stock charts. The stock has a market capitalization of $0.80641 billion. GABC's next earnings release will be on 0000-00-00, which is days away.