Analyst Ratings for Great Western Bancorp Inc. (GWB)Updated: 2017-07-27
Shares of Great Western Bancorp Inc. (NYSE:GWB) have received a consensus rating of Buy from Wall Street analysts. About 30 days ago, GWB was issued an average rating of Buy.
Of the 10 analysts covering the stock, 8 gave it a buy rating, 0 issued an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease 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.
A number of analysts gave price targets for GWB. The maximum price target given was 50, implying potential capital gains of 27.62 percent. The most pessimistic price target was 42, implying potential capital losses of 7.2 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 upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -1.57 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.6 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.17 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
GWB has an estimated earnings growth rate of 7.55 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of GWB is 2.3.
GWB has a 52-week high of 45.62 and a 52-week low of 31.51. Today's price is 24.34 percent above the 52-week low, and 14.12 percent lower than its 52-week high. GWB has a price/earnings ratio of 17.37. Investors typically compare the P/E ratio to a company's peers in the industry. The GWB value stock report compares GWB to some of its peers using value stock charts. The stock has a market capitalization of $2.35 billion. GWB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.