Analyst Ratings for Northwest Bancshares Inc. (NWBI)Updated: 2017-07-27
Analysts covering Northwest Bancshares Inc. (NASDAQ:NWBI) have given it a consensus rating of Hold. Last month, NWBI received an average rating of Hold.
Of the 4 analysts covering the stock, 0 gave it a buy rating, 0 gave an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
NWBI was given price targets by several analysts. The most optimistic analyst gave a price target of 17, implying a possible profit of 5.13 percent. The minimum price target given was 15.5, which equates to a potential downside of -4.14 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -4.45 percent. That number becomes -4.35 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 upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.53 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of NWBI's earnings is estimated by analysts to be -1.4 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of NWBI is -13.62.
In the last 52-weeks, NWBI has achieved a high of 19.10 and a low of 14.65. Today's price is 10.38 percent above the 52-week low, and below the high by 15.34 percent. NWBI has a price/earnings ratio of 19.07. Investors typically compare the P/E ratio to a company's peers in the industry. The NWBI value stock report compares NWBI to some of its peers using value stock charts. The stock has a market capitalization of $1.63 billion. NWBI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.