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.

Investment analysts gave a few price targets for PB. The maximum price target given was 80, implying potential capital gains of 25.53 percent. The lowest price target was 65, implying a possible loss of 1.99 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.25 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.37 percent in FY estimates.

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, while 3 analysts made negative revisions to their fiscal year's estimates.

PB has an estimated earnings growth rate of -0.92 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, because that is often interpreted as the company being fairly priced relative to its growth rate. 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 PB is -17.53.

PB has traded between a high of 77.87 and a low of 49.46 over the past year. The current market price is above the trailing year's low by 28.85 percent, and 18.16 percent lower than its 52-week 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 market cap of PB is $4.58 billion. PB will post this quarters earnings in days, on 0000-00-00.