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.

Several price targets were given for PB by the analysts covering the stock. The most optimistic analyst gave a price target of 80, implying a possible profit of 25.53 percent. The most pessimistic price target was 65, which equates to a potential downside 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.

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. 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 made negative revisions. 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. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PB is -17.53.

PB has a 52-week high of 77.87 and a 52-week low of 49.46. Today's price is 28.85 percent above the 52-week low, and below the high by 18.16 percent. PB has a price/earnings 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.