Analysts' ratings for Commerce Bancshares CBSH over the last quarter vary from bullish to bearish, as provided by 5 analysts.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 1 | 4 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 1 | 0 | 0 |
3M Ago | 0 | 1 | 2 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $59.0, a high estimate of $62.00, and a low estimate of $54.00. This current average has increased by 3.96% from the previous average price target of $56.75.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of Commerce Bancshares 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 |
---|---|---|---|---|---|
Ken Usdin | Jefferies | Raises | Hold | $62.00 | $60.00 |
Christopher Mcgratty | Keefe, Bruyette & Woods | Raises | Market Perform | $60.00 | $58.00 |
David Long | Raymond James | Announces | Outperform | $61.00 | - |
Christopher Mcgratty | Keefe, Bruyette & Woods | Raises | Market Perform | $58.00 | $56.00 |
Nathan Race | Piper Sandler | Raises | Neutral | $54.00 | $53.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Commerce Bancshares. This information provides 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 Commerce Bancshares compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Commerce Bancshares's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of Commerce Bancshares's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Commerce Bancshares analyst ratings.
Get to Know Commerce Bancshares Better
Commerce Bancshares Inc. is a $22 billion regional bank that provides a diversified line of financial services, including business and personal banking, wealth management, financial planning, and investments through its affiliated companies. Commerce Bank operates in more than 200 locations in the central United States. Commerce Bancshares also has operating subsidiaries involved in mortgage banking, leasing, credit-related insurance, venture capital, and real estate activities.
Commerce Bancshares: Delving into Financials
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Commerce Bancshares's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 2.23%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Commerce Bancshares's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 28.07%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Commerce Bancshares's ROE stands out, surpassing industry averages. With an impressive ROE of 3.79%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.36%, the company showcases effective utilization of assets.
Debt Management: Commerce Bancshares's debt-to-equity ratio is below the industry average. With a ratio of 0.0, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Significance of Analyst Ratings Explained
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.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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