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.
Investment analysts gave a few price targets for SASR. The most optimistic price target was 44, implying potential capital gains of 10.69 percent. The lowest price target was 43, implying potential capital losses of 8.18 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.82 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
The growth rate of SASR's earnings is estimated by analysts to be 6.29 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. SASR has a PEG ratio of 2.69.
In the last 52-weeks, SASR has achieved a high of 45.64 and a low of 27.86. Today's price is 42.68 percent above the 52-week low, and 12.91 percent lower than its 52-week high. SASR has a P/E 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.