Analyst Ratings for Colliers International Group Inc. (CIGI)Updated: 2017-07-27
An average rating of Overweight has been given to Colliers International Group Inc. (NASDAQ:CIGI) by analysts covering the stock. Last month, CIGI received an average rating of Buy.
A buy rating was issued by 5 analysts, 1 gave an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for CIGI. The most optimistic analyst gave a price target of 81.02, implying a possible profit of 48.66 percent. The most pessimistic analyst gave a price target of 75.32, implying a possible loss of 38.2 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.06 percent. The average change in earnings estimates over the last 90 days is -5.19 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.79 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -10.89 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of CIGI to grow at a rate of 1.29 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CIGI is 21.85.
In the last 52-weeks, CIGI has achieved a high of 60.75 and a low of 34.20. The current market price is above the trailing year's low by 59.36 percent, and 10.29 percent lower than its 52-week high. CIGI has a P/E ratio of 28.19. Investors typically compare the P/E ratio to a company's peers in the industry. The CIGI value stock report compares CIGI to some of its peers using value stock charts. The market cap of CIGI is $2.15 billion. CIGI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.