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.
HAFC was given price targets by several analysts. The most optimistic price target was 33, implying a possible profit of 14.78 percent. The most pessimistic analyst gave a price target of 28, implying potential capital losses of -2.61 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.13 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.06 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.82 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.82 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 4 analysts that revised their FY estimates downwards.
The growth rate of HAFC's earnings is estimated by analysts to be 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of HAFC is 3.46.
HAFC has a 52-week high of 35.85 and a 52-week low of 22.76. The current market price is above the trailing year's low by 26.32 percent, and 19.8 percent lower than its 52-week high. HAFC has a P/E 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 stock has a market capitalization of $0.92971 billion. HAFC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.