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.
CIGI was given price targets by several analysts. The most optimistic price target was 81.02, which equates to a potential upside of 48.66 percent. The most pessimistic price target was 75.32, which equates to a potential downside of 38.2 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.06 percent. That number becomes -5.19 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.79 percent. If we look at the last 90 days instead, we find a net average change of -10.89 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
Analysts estimate earnings of CIGI to grow at a rate of 1.29 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. CIGI has a PEG ratio of 21.85.
CIGI has traded between a high of 60.75 and a low of 34.20 over the past year. Currently the stock is 59.36 percent higher than its low, and below the high by 10.29 percent. CIGI has a price/earnings 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 stock has a market capitalization of $2.15 billion. CIGI's next earnings release will be on 0000-00-00, which is days away.