Evaluating Pacific Premier Bancorp: Insights From 4 Financial Analysts

Pacific Premier Bancorp, Inc. +0.79%

Pacific Premier Bancorp, Inc.

PPBI

21.57

+0.79%

Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Pacific Premier Bancorp (NASDAQ:PPBI) in the last three months.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

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

In the assessment of 12-month price targets, analysts unveil insights for Pacific Premier Bancorp, presenting an average target of $27.75, a high estimate of $31.00, and a low estimate of $25.00. Witnessing a positive shift, the current average has risen by 13.27% from the previous average price target of $24.50.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

The perception of Pacific Premier Bancorp by financial experts is analyzed through recent analyst actions. 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
David Feaster Raymond James Raises Outperform $29.00 $26.00
Christopher Mcgratty Keefe, Bruyette & Woods Raises Market Perform $25.00 $24.00
Matthew Clark Piper Sandler Raises Overweight $31.00 $25.00
David Feaster Raymond James Raises Strong Buy $26.00 $23.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Pacific Premier Bancorp. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Pacific Premier Bancorp compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Pacific Premier Bancorp's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

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

Stay up to date on Pacific Premier Bancorp analyst ratings.

All You Need to Know About Pacific Premier Bancorp

Pacific Premier Bancorp Inc through its subsidiaries, provides banking products and services. It offers cash management, electronic banking services, credit facilities, and retirement accounts, among others.

Pacific Premier Bancorp: Financial Performance Dissected

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Challenges: Pacific Premier Bancorp's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -19.85%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 28.83%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Pacific Premier Bancorp's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.58%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Pacific Premier Bancorp's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.22%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Pacific Premier Bancorp's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.4.

The Significance of Analyst Ratings Explained

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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

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