Stock To Watch: PacWest Bancorp (NASDAQ:PACW)


The leading market experts have placed a mean price target of $44.56 on PacWest Bancorp (NASDAQ:PACW) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.73 a share for the upcoming quarter and $2.86 for the current fiscal.

Technical View

The technical analysis of PacWest Bancorp plainly substantiates that the 50-day moving average of PacWest Bancorp is $40.15, and stock is trading $2.33 points away or +5.81% from its 50-day moving average of $40.15. Further it is trading $4.58 or +12.08% away its 200-day moving average of $37.90. PacWest Bancorp (NASDAQ:PACW) 52-week high is $48.00 and the 52-week low is $29.05.

This explains if the stock moves $-5.52, it will post a 52-week high. In event of +46.23% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of PacWest Bancorp, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, PacWest Bancorp (NASDAQ:PACW) ratio came in at 15.80.

The stock last ended the trading session at $42.48 and registered a market cap of $5.11B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. PacWest Bancorp (NASDAQ:PACW) PEG ratio is at 1.43.

1 Chart Pattern Every Investor Should Know

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