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.
A number of analysts gave price targets for SRCE. The maximum price target given was 53.5, implying potential capital gains of 9.83 percent. The minimum price target given was 47, which equates to a potential downside of -3.51 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.59 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.59 percent. Meanwhile, fiscal year estimates have been revised upwards by 1 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1 percent in FY estimates.
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, as that can indicate whether the high price level of a stock is warranted by high growth. 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. SRCE has a PEG ratio of 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 price/earnings 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 stock has a market capitalization of $1.26 billion. SRCE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.