Analyst Ratings for BB&T Corp. (BBT)Updated: 2017-07-28
Shares of BB&T Corp. (NYSE:BBT) have received a consensus rating of Hold from Wall Street analysts. BBT had previously received a consensus rating of Hold a month ago.
7 analysts declared BBT a buy, 1 gave an overweight rating, 20 issued a hold rating, 0 gave an underweight rating, and 2 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for BBT. The highest price target was 52.25, which equates to a potential upside of 11.37 percent. The most pessimistic analyst gave a price target of 41, implying a possible loss of -12.61 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 upwards by an average of 1.28 percent. That number becomes 1.28 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.5 percent. If we look at the last 90 days instead, we find a net average change of 0.5 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 7 analysts increased their quarterly estimates, while 5 analysts revised their estimates downwards. During this time, 8 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
BBT has an estimated earnings growth rate of 16.42 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of BBT is 1.07.
In the last 52-weeks, BBT has achieved a high of 49.88 and a low of 36.21. Currently the stock is 29.56 percent higher than its low, and below the high by 5.94 percent. BBT has a price/earnings ratio of 17.51. Investors typically compare the P/E ratio to a company's peers in the industry. The BBT value stock report compares BBT to some of its peers using value stock charts. The stock has a market capitalization of $38.04 billion. BBT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.