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 lowest price target was 36, which equates to a potential downside of 1.12 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 7.08 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 7.98 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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.

The growth rate of SBSI's earnings is estimated by analysts to be 18.31 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. 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 SBSI is 1.07.

In the trailing 52-weeks, SBSI hit 38.04 at the highest peak, while it's lowest trading point was 29.29. Currently the stock is 21.54 percent higher than its low, and 6.41 percent below the high. SBSI has a price/earnings 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 market cap of SBSI is $1.05 billion. SBSI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.