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.

A number of analysts gave price targets for PB. The most optimistic price target was 80, implying a possible profit of 25.53 percent. The most pessimistic price target was 65, implying potential capital losses of 1.99 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some 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 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.25 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.37 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 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 3 analysts that revised their FY estimates downwards.

The growth rate of PB's earnings is estimated by analysts to be -0.92 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. PB has a PEG ratio of -17.53.

PB has traded between a high of 77.87 and a low of 49.46 over the past year. Today's price is 28.85 percent above the 52-week low, and 18.16 percent below the high. 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 stock has a market capitalization of $4.58 billion. PB will post this quarters earnings in days, on 0000-00-00.