11 analysts have shared their evaluations of Popular BPOP during the recent three months, expressing a mix of bullish and bearish perspectives.
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 | 0 | 7 | 4 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 2 | 2 | 0 | 0 |
| 2M Ago | 0 | 3 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $106.36, along with a high estimate of $117.00 and a low estimate of $96.00. Experiencing a 1.43% decline, the current average is now lower than the previous average price target of $107.90.
Understanding Analyst Ratings: A Comprehensive Breakdown
A comprehensive examination of how financial experts perceive Popular is derived from recent analyst actions. The following is a detailed summary of 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 | Raises | Overweight | $115.00 | $110.00 |
| Nicholas Holowko | UBS | Announces | Neutral | $104.00 | - |
| Jared Shaw | Barclays | Raises | Overweight | $110.00 | $104.00 |
| Kelly Motta | Keefe, Bruyette & Woods | Raises | Outperform | $116.00 | $103.00 |
| Timur Braziler | Wells Fargo | Raises | Equal-Weight | $105.00 | $90.00 |
| Gerard Cassidy | RBC Capital | Lowers | Outperform | $96.00 | $108.00 |
| Timur Braziler | Wells Fargo | Lowers | Equal-Weight | $98.00 | $105.00 |
| Frank Schiraldi | Piper Sandler | Lowers | Overweight | $100.00 | $112.00 |
| Jared Shaw | Barclays | Lowers | Overweight | $104.00 | $117.00 |
| Timur Braziler | Wells Fargo | Lowers | Equal-Weight | $105.00 | $115.00 |
| Jared Shaw | Barclays | Raises | Overweight | $117.00 | $115.00 |
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 Popular. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Popular compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Popular's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Popular's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Popular analyst ratings.
Discovering Popular: A Closer Look
Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, a bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. The Corporation's reportable segments consist of Banco Popular de Puerto Rico and Popular U.S.
Unraveling the Financial Story of Popular
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.
Revenue Growth: Popular's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 7.1%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Popular's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 22.07%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Popular's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.79% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Popular's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.21%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Popular's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.18.
Analyst Ratings: What Are They?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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