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.

Investment analysts gave a few price targets for HMST. The most optimistic price target was 31, implying potential capital gains of 16.54 percent. The lowest price target was 29.25, which equates to a potential downside of 9.96 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -24.5 percent. 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. If we look at the last 90 days instead, we find a net average change of -17.63 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 4 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, 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. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. HMST has a PEG ratio of -0.8.

HMST has traded between a high of 33.70 and a low of 22.08 over the past year. The current market price is above the trailing year's low by 20.47 percent, 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 will post this quarters earnings in days, on 0000-00-00.