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 highest price target was 44, implying a possible profit of 10.69 percent. The most pessimistic analyst gave a price target of 43, implying potential capital losses of 8.18 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.64 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
SASR has an estimated earnings growth rate of 6.29 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SASR is 2.69.
SASR has a 52-week high of 45.64 and a 52-week low of 27.86. The current market price is above the trailing year's low by 42.68 percent, 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's next earnings release will be on 0000-00-00, which is days away.