Analyst Ratings for Wilshire Bancorp Inc (WIBC)Updated: 2016-07-31
Many analysts weighed in on price targets for WIBC. The highest price target was 13.5, implying a possible profit of 25.7 percent. The lowest price target was 13.5, implying potential capital losses of 25.7 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.5 percent. The average change in earnings estimates over the last 90 days is -2.5 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.01 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 made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of WIBC to grow at a rate of 9.39 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. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. WIBC has a PEG ratio of 1.56.
In the last 52-weeks, WIBC has achieved a high of 0.00 and a low of 0.00. The current market price is above the trailing year's low by 0 percent, and 0 percent lower than its 52-week high. WIBC has a P/E ratio of 14.68. Investors typically compare the P/E ratio to a company's peers in the industry. The WIBC value stock report compares WIBC to some of its peers using value stock charts. The market cap of WIBC is $0.83181 billion. WIBC is estimated to release their earnings results for the quarter on 2016-10-17, days from today.