Analyst Ratings for Prosperity Bancshares Inc. (PB)

Updated: 2017-07-26

Prosperity Bancshares Inc. (NYSE:PB) was awarded an average rating of Hold from investment analysts following the stock. PB had previously received a consensus rating of Hold a month ago.

1 analysts declared PB a buy, 0 gave an overweight rating, 14 gave a hold rating, 1 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has decreased by 2.

PB was given price targets by several analysts. The most optimistic analyst gave a price target of 80, which equates to a potential upside of 25.53 percent. The most pessimistic analyst gave a price target of 65, which equates to a potential downside of 1.99 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.25 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.37 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 3 analysts decreased their estimates.

PB has an estimated earnings growth rate of -0.92 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PB is -17.53.

In the trailing 52-weeks, PB hit 77.87 at the highest peak, while it's lowest trading point was 49.46. Currently the stock is 28.85 percent higher than its low, and below the high by 18.16 percent. PB has a P/E ratio of 16.13. Investors typically compare the P/E ratio to a company's peers in the industry. The PB value stock report compares PB to some of its peers using value stock charts. The market cap of PB is $4.58 billion. PB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.