Banc of California, Inc. (NYSE:BANC) will report its next earnings on 20-Oct-16. The company reported the earnings of $0.43/Share in the last quarter where the estimated EPS by analysts was $0.4/share. The difference between the expected and actual EPS was $0.03/share, which represents an Earnings surprise of 7.5%.
Many analysts are providing their Estimated Earnings analysis for Banc of California, Inc. and for the current quarter 9 analysts have projected that the stock could give an Average Earnings estimate of $0.42/share. These analysts have also projected a Low Estimate of $0.38/share and a High Estimate of $0.45/share.
In case of Revenue Estimates, 7 analysts have provided their consensus Average Revenue Estimates for Banc of California, Inc. as 87.1 Million. According to these analysts, the Low Revenue Estimate for Banc of California, Inc. is 84.17 Million and the High Revenue Estimate is 89.3 Million. The company had Year Ago Sales of 55.55 Million.
These analysts also forecasted Growth Estimates for the Current Quarter for BANC to be 44.8%. They are projecting Next Quarter growth of 7.7%. For the next 5 years, Banc of California, Inc. is expecting Growth of 12.33% per annum, whereas in the past 5 years the growth was 32.29% per annum.
Some buy side analysts are also providing their Analysis on Banc of California, Inc., where 1 analysts have rated the stock as Strong buy, 4 analysts have given a Buy signal, 3 said it’s a HOLD, 0 reported it as Underperform and 1 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. 8 Analysts reported that the Price Target for Banc of California, Inc. might touch $28 high while the Average Price Target and Low price Target is $22.66 and $15.25 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. Banc of California, Inc. got Downgrade on 17-Aug-16 where investment firm FIG Partners Downgrade the stock from Market Perform to Underperform.
Banc of California, Inc. closed its last trading session at $15.87 with the loss of -29.05%. The Market Capitalization of the company stands at 561.76 Million. The Company has 52-week high of $23.24 and 52-week low of $10.93. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -36.1% where SMA50 and SMA200 are -44.39% and -38.61% respectively. The Company Touched its 52-Week High on Aug 9, 2016 and 52-Week Low on Oct 21, 2015.
The Relative Volume of the company is 26.73 and Average Volume (3 months) is 636.26 million. Banc of California, Inc. P/E (price to earnings) ratio is 7.9 and Forward P/E ratio of 5.67.
The company shows its Return on Assets (ROA) value of 0.7%. The Return on Equity (ROE) value stands at 11.5%. While it’s Return on Investment (ROI) value is 24.1%.
While looking at the Stock’s Performance, Banc of California, Inc. currently shows a Weekly Performance of -36.74%, where Monthly Performance is -45.1%, Quarterly performance is -43.3%, 6 Months performance is -41.87% and yearly performance percentage is -7.78%. Year to Date performance value (YTD perf) value is -22.98%. The Stock currently has a Weekly Volatility of 12.77% and Monthly Volatility of 5.19%.