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 analyst gave a price target of 80, which equates to a potential upside of 25.53 percent. The minimum price target given 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. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.25 percent, as compared to a month ago. 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 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, compared to 3 analysts that revised their FY estimates downwards.

PB has an estimated earnings growth rate of -0.92 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, 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 last 52-weeks, PB has achieved a high of 77.87 and a low of 49.46. 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 stock has a market capitalization of $4.58 billion. PB will post this quarters earnings in days, on 0000-00-00.