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.
Several price targets were given for SASR by the analysts covering the stock. The most optimistic price target was 44, which equates to a potential upside of 10.69 percent. The most pessimistic price target 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. Meanwhile, fiscal year estimates have been revised upwards by 1.85 percent, compared to last month. 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, while 0 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of SASR to grow at a rate of 6.29 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SASR has a PEG ratio of 2.69.
In the trailing 52-weeks, SASR hit 45.64 at the highest peak, while it's lowest trading point was 27.86. Today's price is 42.68 percent above the 52-week low, 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 stock has a market capitalization of $0.95792 billion. SASR will post this quarters earnings in days, on 0000-00-00.