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.
Investment analysts gave a few price targets for PBCT. The most optimistic analyst gave a price target of 19, implying potential capital gains of 9.45 percent. The most pessimistic price target was 16, implying a possible loss of -7.83 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.52 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.52 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 5 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PBCT is 8.1.
PBCT has traded between a high of 20.13 and a low of 14.79 over the past year. Currently the stock is 17.38 percent higher than its low, and below the high by 13.76 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.