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 maximum price target given was 31, which equates to a potential upside of 16.54 percent. The most pessimistic price target was 29.25, which equates to a potential downside of 9.96 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -24.5 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -27.49 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -16.14 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -17.63 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 4 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 4 analysts decreased their estimates.

HMST has an estimated earnings growth rate of -17.21 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 people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of HMST is -0.8.

HMST has a 52-week high of 33.70 and a 52-week low of 22.08. Currently the stock is 20.47 percent higher than its low, and 21.07 percent below the high. HMST has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.