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.

PPBI was given price targets by several analysts. The maximum price target given was 44, which equates to a potential upside of 24.65 percent. The minimum price target given was 42, which equates to a potential downside of 18.98 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1 percent. That number becomes -1 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.05 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.16 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

The growth rate of PPBI's earnings is estimated by analysts to be 34.1 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. PPBI has a PEG ratio of 0.71.

PPBI has traded between a high of 41.90 and a low of 24.00 over the past year. Currently the stock is 47.08 percent higher than its low, and 15.75 percent lower than its 52-week high. PPBI has a P/E 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 market cap of PPBI is $1.41 billion. PPBI's next earnings release will be on 0000-00-00, which is days away.