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.
Many analysts weighed in on price targets for SSB. The most optimistic analyst gave a price target of 102, which equates to a potential upside of 21.72 percent. The most pessimistic analyst gave a price target of 90, which equates to a potential downside of 7.4 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 downwards by an average of -2.46 percent. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of SSB to grow at a rate of 21.79 percent. The PEG ratio of a stock is another value frequently studied by investors. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, 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 trailing 52-weeks, SSB hit 93.40 at the highest peak, while it's lowest trading point was 69.40. Today's price is 20.75 percent above the 52-week low, and 10.28 percent lower than its 52-week 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 market cap of SSB is $2.44 billion. SSB will post this quarters earnings in days, on 0000-00-00.