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.

Several price targets were given for SBSI by the analysts covering the stock. The highest price target was 38, which equates to a potential upside of 6.74 percent. The most pessimistic analyst gave a price target of 36, implying a possible loss 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. That number becomes 7.08 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of SBSI to grow at a rate of 18.31 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. 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 lower than its 52-week 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 stock has a market capitalization of $1.05 billion. SBSI's next earnings release will be on 0000-00-00, which is days away.