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.
Many analysts weighed in on price targets for PPBI. The most optimistic analyst gave a price target of 44, implying potential capital gains of 24.65 percent. The most pessimistic analyst gave a price target of 42, implying a possible loss 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -1 percent on average, compared to last month. 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, while 3 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
Analysts estimate earnings of PPBI to grow at a rate of 34.1 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PPBI is 0.71.
In the trailing 52-weeks, PPBI hit 41.90 at the highest peak, while it's lowest trading point was 24.00. The current market price is above the trailing year's low by 47.08 percent, and below the high by 15.75 percent. 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 stock has a market capitalization of $1.41 billion. PPBI will post this quarters earnings in days, on 0000-00-00.