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 price target was 35, implying potential capital gains of -1.8 percent. The most pessimistic price target was 33, implying a possible loss of -7.41 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.29 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
GABC has an estimated earnings growth rate of 0.93 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. GABC has a PEG ratio of 22.11.
In the trailing 52-weeks, GABC hit 36.31 at the highest peak, while it's lowest trading point was 22.55. The current market price is above the trailing year's low by 58.05 percent, and below the high by 1.85 percent. GABC has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.