Is It Overvalued? Look at the P/S Ratio: Cypress Semiconductor Corporation (CY), Sterling Bancorp (STL)

Cypress Semiconductor Corporation (NASDAQ:CY) shares were trading higher by 1.57 percent ($0.26) at $16.87 a piece in Thursday’s session. It had closed the previous session at $16.61. CY trades with a P/S ratio of 2.43. This is lower than the both industry’s 26.49 and the wider sector’s 2.76. A low price-to-sales ratio, typically less than 1.0, is considered a good value. Also, it has an estimated price-earnings (P/E) multiple of 14.21. Shares of CY have uptrended 5.5% in the past three months, while the S&P 500 has moved -3.42% in that time. Cypress Semiconductor Corporation (CY) has a market cap of $5.5 billion and over the last 12 months, Cypress Semiconductor Corporation (NASDAQ:CY) has gone stronger by 45.93%. During the last 52 weeks, the (NASDAQ:CY) price has been as high as $17.42 and as low as $10.99. Cypress Semiconductor Corporation earnings have declined with an annualized rate of -34.4% over the last 5 years.

Cypress Semiconductor Corporation (Mean Target Price: $18.04)

The average 1-year price target for Cypress Semiconductor Corporation (CY) — averaging the work of different analysts — reveals a mean PT of $18.04/share. That’s a potential 6.94 increase relative to where Cypress Semiconductor Corporation (NASDAQ:CY) has been trading recently. The current price is seen ranging between $16.51 and $16.89. There are brokerage firms with lower targets than the average, including one setting a price target of $14. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $21.

Cypress Semiconductor Corporation (CY) Consensus Recommendation

The collective rating of 2.4 for Cypress Semiconductor Corporation (NASDAQ:CY) also leans strongly towards the neutral end of the spectrum. Of the 14 analysts surveyed by Reuters that track CY 5 of them rate its stock a hold. The other 9, though not evenly; between analysts who think you should buy Cypress Semiconductor Corporation versus those who think you should sell it. A 8 analysts rate it as either a buy or a strong buy, while1 believe that investors should either steer clear of CY or, if they already own its stock, sell it.

Is Sterling Bancorp (NYSE:STL) Cheap From Peers?

Sterling Bancorp (STL) pulled off a 1.56 percent gain and now trades for $26. STL comes in with a P/S ratio of 10.94 that’s greater than 1, potentially implying that it could be expensive relative to the overall sector (6.33) and its peers (6.35). Also, it has an estimated price-earnings (P/E) multiple of 14.39 and a trailing 12-month price-earnings (P/E) multiple of 21. During the last 52 weeks, the price has been as high as $26.5 and as low as $21. Sterling Bancorp (NYSE:STL) earnings have risen with a quarterly rate of 32% over the last 5 years. Shares of STL have increased 4.63% in the past three monthswhile the S&P 500 has dropped -4.22% in that time.

Sterling Bancorp (Price Objective: $30.2)

Sterling Bancorp (NYSE:STL) has a market cap of $5.79 billion and over the last 12 months, STL has risen by 8.79%. The average 1-year price target for (STL) reveals an average price target of $30.2 per share. That’s a potential 16.15 gain from where (NYSE:STL) has been trading recently. There are brokerage firms with lower targets than the average, including one setting a price target of $28. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $34.

Analyst Thoughts About Sterling Bancorp (NYSE:STL)

The consensus recommendation — averaging the work of 11 analysts — of 2.5 for Sterling Bancorp (STL) points to moderate case. Of the analysts surveyed by Reuters that track Sterling Bancorp 1 of them rate its stock a hold. The other 10 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. A 10 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:STL) or, if they already own its stock, sell it.

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