Using projections from 17 individual sell-side analysts polled by Zacks Research, Signature Bank (NASDAQ:SBNY) has a current quarter EPS consensus estimate of 2.23. Going back to the previous reporting period, the company posted a quarterly EPS of 2.29. As earnings season comes into focus, investors will be closely monitoring analyst estimates leading up to the report. Sell-side analysts often provide updates prior to and after the company reports. Following analyst revisions leading up to the earnings release may provide some good insight into the direction that the most recent estimates are trending. Investors will be watching to see which companies post the largest earnings beats or misses. Even if a company reports a large earnings beat or miss, there is still no guarantee that the stock will move as expected following the results. Many investors will choose to sit tight until after the post earnings volatility has subsided.
Often times, investors may become worried when the stock market is highly volatile. Being prepared for volatile situations can help ease the fears that come along with turbulence. Following a well-crafted plan might help ride out the ups and downs that are a normal part of dealing with the market. Investors should be prepared for market situations that provide ample opportunities. Although market downturns can be unsettling and cause panic, investors who are able to stay the course and keep calm may be able to spot good buying opportunities when the wider market is selling.
Equity analysts will routinely provide stock price target projections. Many investors are highly interested in where the analysts view the stock heading in the future. Presently, analysts polled by Zacks Research have set a consensus target price of $148.76 on shares of Signature Bank (NASDAQ:SBNY). Price target estimates can be calculated using different methods, and they may vary depending on the individual analyst. A thoroughly researched analyst report will typically provide detailed reasoning for a specific target price estimate. Some investors may track analyst targets very closely and use the data to complement their own stock analysis.
Watching stock price activity for Signature Bank (NASDAQ:SBNY), we have spotted shares trading close to the 134.33 level. Investors will often monitor stock price levels relative to its 52-week high and low marks. The 52-week high is currently 163.25, and the 52-week low is presently 116.23. When a stock price is nearing the 52-week high or 52-week low, investors may closely follow activity to watch for a breach. Over the past 12 weeks, shares have moved -3.07%. Moving back to the start of the year, we can see that shares have changed -10.85%. Zooming in to the past 4 weeks, shares have seen a change of 5.28%. Over the last week, the stock has moved 7.35%.
Focusing in on analyst opinions, we note that the current average broker recommendation on shares of Signature Bank (NASDAQ:SBNY) is presently 1.62. The recommendation falls on a scale between 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This consensus broker rating may help shed some light on how the sell-side is currently viewing company stock. Based on sell-side analysts polled by Zacks Research, 13 have rated the stock a Strong Buy or Buy.