Analyst Ratings for 1st Source Corp. (SRCE)Updated: 2017-07-27
1st Source Corp. (NASDAQ:SRCE) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for SRCE last month.
Of the 4 analysts covering the stock, 1 gave it a buy rating, 0 issued an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for SRCE. The most optimistic analyst gave a price target of 53.5, implying potential capital gains of 9.83 percent. The most pessimistic price target was 47, which equates to a potential downside of -3.51 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.59 percent. That number becomes 1.59 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 1 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of SRCE to grow at a rate of 5.49 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of SRCE is 3.71.
In the last 52-weeks, SRCE has achieved a high of 50.78 and a low of 33.27. Today's price is 46.41 percent above the 52-week low, and 4.08 percent below the high. SRCE has a P/E ratio of 20.38. Investors typically compare the P/E ratio to a company's peers in the industry. The SRCE value stock report compares SRCE to some of its peers using value stock charts. The market cap of SRCE is $1.26 billion. SRCE will post this quarters earnings in days, on 0000-00-00.