Analyst Ratings for PacWest Bancorp (PACW)Updated: 2017-07-28
Shares of PacWest Bancorp (NASDAQ:PACW) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for PACW last month.
12 analysts issued ratings on the stock, where 8 gave PACW a buy rating, 0 issued an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 0 issued 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.
Investment analysts gave a few price targets for PACW. The highest price target was 59, implying potential capital gains of 23.53 percent. The minimum price target given was 49, implying potential capital losses of 2.6 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.33 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.67 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 2.8 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.09 percent.
People are often interested in whether analysts were united in the direction of their revisions. 5 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Over the same time period, 7 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
Analysts estimate earnings of PACW to grow at a rate of 0.67 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. PACW has a PEG ratio of 24.58.
In the trailing 52-weeks, PACW hit 57.53 at the highest peak, while it's lowest trading point was 40.01. Currently the stock is 19.37 percent higher than its low, and below the high by 16.98 percent. PACW has a price/earnings ratio of 16.47. Investors typically compare the P/E ratio to a company's peers in the industry. The PACW value stock report compares PACW to some of its peers using value stock charts. The stock has a market capitalization of $5.87 billion. PACW's next earnings release will be on 0000-00-00, which is days away.