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.
A number of analysts gave price targets for PBCT. The maximum price target given was 19, implying potential capital gains of 9.45 percent. The minimum price target given was 16, implying a possible loss of -7.83 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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.
People are often interested in whether analysts were united in the direction of their revisions. 5 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 6 analysts decreased their estimates.
Analysts estimate earnings of PBCT to grow at a rate of 2.41 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. PBCT has a PEG ratio of 8.1.
In the last 52-weeks, PBCT has achieved a high of 20.13 and a low of 14.79. The current market price is above the trailing year's low by 17.38 percent, 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 stock has a market capitalization of $6.09 billion. PBCT's next earnings release will be on 0000-00-00, which is days away.