Analyst Ratings for Pacific Premier Bancorp Inc. (PPBI)Updated: 2017-07-28
Analysts covering Pacific Premier Bancorp Inc. (NASDAQ:PPBI) have given it a consensus rating of Buy. Last month, PPBI received an average rating of Buy.
Of the 7 analysts covering the stock, 6 gave it a buy rating, 1 issued an overweight rating, 0 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for PPBI. The most optimistic analyst gave a price target of 44, implying a possible profit of 24.65 percent. The minimum price target given was 42, implying a possible loss of 18.98 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1 percent. The average change in earnings estimates over the last 90 days is -1 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.05 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -1.16 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
PPBI has an estimated earnings growth rate of 34.1 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of PPBI is 0.71.
In the last 52-weeks, PPBI has achieved a high of 41.90 and a low of 24.00. Today's price is 47.08 percent above the 52-week low, and below the high by 15.75 percent. PPBI has a price/earnings ratio of 24.34. Investors typically compare the P/E ratio to a company's peers in the industry. The PPBI value stock report compares PPBI to some of its peers using value stock charts. The stock has a market capitalization of $1.41 billion. PPBI will post this quarters earnings in days, on 0000-00-00.