Expert Ratings For Prosperity Bancshares

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In the preceding three months, 6 analysts have released ratings for Prosperity Bancshares PB, presenting a wide array of perspectives from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 0 3 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 1 0 0
2M Ago 0 0 1 0 0
3M Ago 3 0 0 0 0

Analysts have set 12-month price targets for Prosperity Bancshares, revealing an average target of $72.17, a high estimate of $80.00, and a low estimate of $68.00. This current average has increased by 13.35% from the previous average price target of $63.67.

Analyzing Analyst Ratings: A Detailed Breakdown

The analysis of recent analyst actions sheds light on the perception of Prosperity Bancshares by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Jared Shaw Barclays Announces Equal-Weight $68.00 -
Manan Gosalia Morgan Stanley Announces Equal-Weight $69.00 -
Jon Arfstrom RBC Capital Maintains Sector Perform $70.00 -
Michael Rose Raymond James Raises Strong Buy $80.00 $65.00
Jennifer Demba Truist Securities Raises Buy $75.00 $61.00
Brody Preston UBS Raises Buy $71.00 $65.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Prosperity Bancshares. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Prosperity Bancshares compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Prosperity Bancshares's stock. This analysis reveals shifts in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Prosperity Bancshares's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Prosperity Bancshares analyst ratings.

Delving into Prosperity Bancshares's Background

Prosperity Bancshares Inc provides retail and commercial banking services to individuals and small to midsize businesses. It provides a wide array of financial products and services to businesses and consumers throughout Texas and Oklahoma.

Prosperity Bancshares: A Financial Overview

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Negative Revenue Trend: Examining Prosperity Bancshares's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -7.51% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.

Net Margin: Prosperity Bancshares's net margin excels beyond industry benchmarks, reaching 36.33%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Prosperity Bancshares's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 1.35%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Prosperity Bancshares's ROA stands out, surpassing industry averages. With an impressive ROA of 0.25%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: With a high debt-to-equity ratio of 0.53, Prosperity Bancshares faces challenges in effectively managing its debt levels, indicating potential financial strain.

Analyst Ratings: Simplified

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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