Analyst Ratings for South State Corp. (SSB)Updated: 2017-07-27
Shares of South State Corp. (NASDAQ:SSB) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, SSB was issued an average rating of Overweight.
7 analysts issued ratings on the stock, where 3 gave SSB a buy rating, 0 issued an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
SSB was given price targets by several analysts. The maximum price target given was 102, implying a possible profit of 21.72 percent. The minimum price target given was 90, implying a possible loss of 7.4 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -2.46 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.06 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.94 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.58 percent.
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 3 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
SSB has an estimated earnings growth rate of 21.79 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SSB is 1.
In the last 52-weeks, SSB has achieved a high of 93.40 and a low of 69.40. Currently the stock is 20.75 percent higher than its low, and 10.28 percent below the high. SSB has a P/E ratio of 21.69. Investors typically compare the P/E ratio to a company's peers in the industry. The SSB value stock report compares SSB to some of its peers using value stock charts. The stock has a market capitalization of $2.44 billion. SSB will post this quarters earnings in days, on 0000-00-00.