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.
Several price targets were given for RNST by the analysts covering the stock. The highest price target was 46, which equates to a potential upside of 8.08 percent. The most pessimistic price target was 43, implying potential capital losses of 1.03 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.52 percent. The average change in earnings estimates over the last 90 days is -4.14 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.19 percent. If we look at the last 90 days instead, we find a net average change of -0.19 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 3 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 3 analysts decreased their estimates.
RNST has an estimated earnings growth rate of 4.73 percent as forecasted by analysts. People on Wall Street often look at a company's 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of RNST is 4.07.
In the trailing 52-weeks, RNST hit 45.32 at the highest peak, while it's lowest trading point was 31.56. Currently the stock is 34.85 percent higher than its low, and 6.09 percent lower than its 52-week high. RNST has a price/earnings 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.