Analyst Ratings for Southside Bancshares Inc. (SBSI)

Updated: 2017-07-26

Southside Bancshares Inc. (NASDAQ:SBSI) was awarded an average rating of Hold from investment analysts following the stock. Last month, SBSI received an average rating of Hold.

A buy rating was issued by 0 analysts, 0 gave an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for SBSI. The maximum price target given was 38, implying a possible profit of 6.74 percent. The most pessimistic price target was 36, which equates to a potential downside of 1.12 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 7.08 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 7.98 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of SBSI to grow at a rate of 18.31 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. SBSI has a PEG ratio of 1.07.

SBSI has traded between a high of 38.04 and a low of 29.29 over the past year. Currently the stock is 21.54 percent higher than its low, and below the high by 6.41 percent. SBSI has a P/E ratio of 19.51. Investors typically compare the P/E ratio to a company's peers in the industry. The SBSI value stock report compares SBSI to some of its peers using value stock charts. The stock has a market capitalization of $1.05 billion. SBSI's next earnings release will be on 0000-00-00, which is days away.