Analyst Ratings for People's United Financial Inc. (PBCT)Updated: 2017-07-28
An average rating of Hold has been given to People's United Financial Inc. (NASDAQ:PBCT) by analysts covering the stock. Last month, PBCT received an average rating of Hold.
Of the 12 analysts covering the stock, 0 gave it a buy rating, 0 gave an overweight rating, 10 gave a hold rating, 0 gave an underweight rating, and 2 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.
PBCT was given price targets by several analysts. The most optimistic analyst gave a price target of 19, implying a possible profit of 9.45 percent. The lowest price target was 16, implying a possible loss of -7.83 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 0 percent. That number becomes 0 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 0.52 percent. If we look at the last 90 days instead, we find a net average change of 0.52 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 5 analysts increased their quarterly estimates, while 3 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 6 analysts that revised their FY estimates downwards.
Analysts estimate earnings of PBCT to grow at a rate of 2.41 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. PBCT has a PEG ratio of 8.1.
PBCT has traded between a high of 20.13 and a low of 14.79 over the past year. The current market price is above the trailing year's low by 17.38 percent, and 13.76 percent lower than its 52-week high. PBCT has a P/E ratio of 19.51. Investors typically compare the P/E ratio to a company's peers in the industry. The PBCT value stock report compares PBCT to some of its peers using value stock charts. The market cap of PBCT is $6.09 billion. PBCT will post this quarters earnings in days, on 0000-00-00.