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 potential capital gains of -1.8 percent. The minimum price target given was 33, implying a possible loss of -7.41 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 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 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.29 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
GABC has an estimated earnings growth rate of 0.93 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of GABC is 22.11.
In the trailing 52-weeks, GABC hit 36.31 at the highest peak, while it's lowest trading point was 22.55. Today's price is 58.05 percent above the 52-week low, and below the high by 1.85 percent. 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 will post this quarters earnings in days, on 0000-00-00.