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.
Many analysts weighed in on price targets for PBCT. The highest price target was 19, implying a possible profit of 9.45 percent. The most pessimistic analyst gave a price target of 16, implying potential capital losses of -7.83 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 5 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 6 analysts made negative revisions to their fiscal year's estimates.
The growth rate of PBCT's earnings is estimated by analysts to be 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, 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, but many choose to perform ratio comparisons with other companies 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. Today's price is 17.38 percent above the 52-week 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's next earnings release will be on 0000-00-00, which is days away.