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 maximum price target given was 35, which equates to a potential upside of -1.8 percent. The most pessimistic price target was 33, implying potential capital losses 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. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.29 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of GABC's earnings is estimated by analysts to be 0.93 percent. 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. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of GABC is 22.11.
In the last 52-weeks, GABC has achieved a high of 36.31 and a low of 22.55. The current market price is above the trailing year's low by 58.05 percent, and 1.85 percent lower than its 52-week 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 market cap of GABC is $0.80641 billion. GABC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.