Analyst Ratings for Renasant Corp. (RNST)Updated: 2017-07-27
Renasant Corp. (NASDAQ:RNST) was awarded an average rating of Hold from investment analysts following the stock. A consensus rating of Hold was previously issued for RNST last month.
A buy rating was issued by 0 analysts, 1 gave an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 0 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 increase of 0 in the number of analysts with a negative outlook on the stock.
RNST was given price targets by several analysts. The highest price target was 46, implying potential capital gains of 8.08 percent. The lowest price target was 43, which equates to a potential downside of 1.03 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -2.52 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -4.14 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.19 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.19 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.
The growth rate of RNST's earnings is estimated by analysts to be 4.73 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, 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. RNST has a PEG ratio of 4.07.
In the last 52-weeks, RNST has achieved a high of 45.32 and a low of 31.56. Currently the stock is 34.85 percent higher than its low, and below the high by 6.09 percent. RNST has a P/E ratio of 19.26. Investors typically compare the P/E ratio to a company's peers in the industry. The RNST value stock report compares RNST to some of its peers using value stock charts. The market cap of RNST is $1.89 billion. RNST will post this quarters earnings in days, on 0000-00-00.