Analyst Ratings for SunTrust Banks Inc. (STI)Updated: 2017-07-27
Shares of SunTrust Banks Inc. (NYSE:STI) have received a consensus rating of Overweight from Wall Street analysts. STI had previously received a consensus rating of Overweight a month ago.
Of the 31 analysts covering the stock, 12 gave it a buy rating, 2 issued an overweight rating, 15 issued a hold rating, 0 gave an underweight rating, and 2 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
Investment analysts gave a few price targets for STI. The maximum price target given was 74, implying potential capital gains of 30.63 percent. The most pessimistic analyst gave a price target of 52, implying potential capital losses of -8.21 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 1.46 percent on average, compared to last month. That number becomes 1.95 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 upwards by 1.64 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.03 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 7 analysts made positive revisions to their quarterly estimates over the past month, while 4 analysts made negative revisions. During this time, 9 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.
The growth rate of STI's earnings is estimated by analysts to be 7.45 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of STI is 2.03.
STI has a 52-week high of 61.69 and a 52-week low of 41.07. Today's price is 37.94 percent above the 52-week low, and 8.17 percent below the high. STI has a P/E ratio of 15.15. Investors typically compare the P/E ratio to a company's peers in the industry. The STI value stock report compares STI to some of its peers using value stock charts. The stock has a market capitalization of $27.43 billion. STI's next earnings release will be on 0000-00-00, which is days away.