Analyst Ratings for HomeStreet Inc. (HMST)Updated: 2017-07-29
Analysts covering HomeStreet Inc. (NASDAQ:HMST) have given it a consensus rating of Hold. Last month, HMST received an average rating of Hold.
A buy rating was issued by 1 analysts, 0 gave an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for HMST. The most optimistic price target was 31, implying a possible profit of 16.54 percent. The most pessimistic analyst gave a price target of 29.25, implying a possible loss of 9.96 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -24.5 percent on average, compared to last month. That number becomes -27.49 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -16.14 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -17.63 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts decreased their estimates.
The growth rate of HMST's earnings is estimated by analysts to be -17.21 percent. People on Wall Street often look at a company's 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. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. HMST has a PEG ratio of -0.8.
In the last 52-weeks, HMST has achieved a high of 33.70 and a low of 22.08. The current market price is above the trailing year's low by 20.47 percent, and 21.07 percent lower than its 52-week high. HMST has a price/earnings ratio of 13.71. Investors typically compare the P/E ratio to a company's peers in the industry. The HMST value stock report compares HMST to some of its peers using value stock charts. The stock has a market capitalization of $0.71488 billion. HMST will post this quarters earnings in days, on 0000-00-00.