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.
Many analysts weighed in on price targets for HAFC. The highest price target was 33, implying potential capital gains of 14.78 percent. The most pessimistic 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.82 percent, as compared to a month ago. 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, while 4 analysts decreased their estimates.
HAFC has an estimated earnings growth rate of 4.8 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. HAFC has a PEG ratio of 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 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.