Analyst Ratings for Sandy Spring Bancorp Inc. (SASR)Updated: 2017-07-28
Sandy Spring Bancorp Inc. (NASDAQ:SASR) was awarded an average rating of Hold from investment analysts following the stock. A consensus rating of Hold was previously issued for SASR last month.
0 analysts declared SASR a buy, 0 gave an overweight rating, 5 gave a hold rating, 0 issued 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.
A number of analysts gave price targets for SASR. The most optimistic analyst gave a price target of 44, implying potential capital gains of 10.69 percent. The minimum price target given was 43, implying potential capital losses of 8.18 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.82 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.85 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.64 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 1 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
SASR has an estimated earnings growth rate of 6.29 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SASR is 2.69.
In the trailing 52-weeks, SASR hit 45.64 at the highest peak, while it's lowest trading point was 27.86. The current market price is above the trailing year's low by 42.68 percent, and below the high by 12.91 percent. SASR has a price/earnings ratio of 16.91. Investors typically compare the P/E ratio to a company's peers in the industry. The SASR value stock report compares SASR to some of its peers using value stock charts. The market cap of SASR is $0.95792 billion. SASR will post this quarters earnings in days, on 0000-00-00.