Analyst Ratings for TriCo Bancshares (TCBK)

Updated: 2017-07-28

Analysts covering TriCo Bancshares (NASDAQ:TCBK) have given it a consensus rating of Overweight. About 30 days ago, TCBK was issued an average rating of Overweight.

2 analysts declared TCBK a buy, 1 issued an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 gave 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 TCBK. The most optimistic price target was 40, which equates to a potential upside of 10.47 percent. The most pessimistic analyst gave a price target of 37, implying a possible loss of 2.18 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 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.22 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

TCBK has an estimated earnings growth rate of 7.73 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, 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, but many choose to perform ratio comparisons with other companies in the industry. TCBK has a PEG ratio of 2.34.

In the last 52-weeks, TCBK has achieved a high of 37.98 and a low of 23.90. The current market price is above the trailing year's low by 51.51 percent, and below the high by 4.66 percent. TCBK has a P/E ratio of 18.11. Investors typically compare the P/E ratio to a company's peers in the industry. The TCBK value stock report compares TCBK to some of its peers using value stock charts. The stock has a market capitalization of $0.80879 billion. TCBK is estimated to release their earnings results for the quarter on 0000-00-00, days from today.