Analyst Ratings for Hanmi Financial Corp. (HAFC)Updated: 2017-07-28
An average rating of Overweight has been given to Hanmi Financial Corp. (NASDAQ:HAFC) by analysts covering the stock. HAFC had previously received a consensus rating of Overweight a month ago.
Of the 5 analysts covering the stock, 1 gave it a buy rating, 1 gave an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for HAFC by the analysts covering the stock. The most optimistic price target was 33, which equates to a potential upside of 14.78 percent. The lowest price target was 28, implying potential capital losses of -2.61 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.13 percent. The average change in earnings estimates over the last 90 days is -1.06 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.82 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.82 percent in FY estimates.
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 4 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts decreased their estimates.
Analysts estimate earnings of HAFC to grow at a rate of 4.8 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of HAFC is 3.46.
HAFC has traded between a high of 35.85 and a low of 22.76 over the past year. Today's price is 26.32 percent above the 52-week low, and below the high by 19.8 percent. HAFC has a price/earnings ratio of 16.6. Investors typically compare the P/E ratio to a company's peers in the industry. The HAFC value stock report compares HAFC to some of its peers using value stock charts. The market cap of HAFC is $0.92971 billion. HAFC's next earnings release will be on 0000-00-00, which is days away.