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, which equates to a potential upside of 10.69 percent. The minimum price target given was 43, which equates to a potential downside 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. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. 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. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. 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. Today's price is 42.68 percent above the 52-week low, and 12.91 percent below the high. 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.