Throughout the last three months, 5 analysts have evaluated Pinnacle Finl Partners PNFP, offering a diverse set of opinions from bullish to bearish.
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 | 2 | 1 | 2 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 1 | 1 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $96.8, a high estimate of $108.00, and a low estimate of $90.00. Surpassing the previous average price target of $88.67, the current average has increased by 9.17%.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of Pinnacle Finl Partners among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines 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 | $93.00 | - |
| Jennifer Demba | Truist Securities | Lowers | Buy | $93.00 | $100.00 |
| Vilas Abraham | UBS | Lowers | Neutral | $90.00 | $91.00 |
| Matt Olney | Stephens & Co. | Maintains | Overweight | $108.00 | - |
| Jennifer Demba | Truist Securities | Raises | Buy | $100.00 | $75.00 |
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 Pinnacle Finl Partners. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Pinnacle Finl Partners compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Pinnacle Finl Partners's stock. This analysis reveals shifts in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Pinnacle Finl Partners's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Pinnacle Finl Partners analyst ratings.
Discovering Pinnacle Finl Partners: A Closer Look
Pinnacle Financial Partners Inc is a financial holding company. The company operates through its wholly-owned subsidiary, Pinnacle Bank. The bank provides a full range of lending products, including commercial, real estate, and consumer loans to individuals and small to medium-sized businesses. Pinnacle operates as a community bank mainly in the urban markets of Nashville, Knoxville, Memphis, and Chattanooga, Tennessee, as well as surrounding counties. It relies heavily on mergers and acquisitions. A majority of its loan portfolio is in commercial loans, mainly real estate, as well as industrial loans. The bank generates a majority of its net revenue through net interest income.
Unraveling the Financial Story of Pinnacle Finl Partners
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Challenges: Pinnacle Finl Partners's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -33.55%. 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: Pinnacle Finl Partners's net margin excels beyond industry benchmarks, reaching 39.49%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Pinnacle Finl Partners's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 1.59%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Pinnacle Finl Partners's ROA excels beyond industry benchmarks, reaching 0.19%. This signifies efficient management of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.44.
The Core of Analyst Ratings: What Every Investor Should Know
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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