Analyst Ratings for Communications Sales & Leasing Inc (CSAL)Updated: 2017-02-14
Shares of Communications Sales & Leasing Inc (NASDAQ:CSAL) have received a consensus rating of Buy from Wall Street analysts. About 30 days ago, CSAL was issued an average rating of Buy.
A buy rating was issued by 7 analysts, 0 gave an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for CSAL. The most optimistic price target was 35, which equates to a potential upside of 30.69 percent. The lowest price target was 26, implying a possible loss of -2.91 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -104.69 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -50 percent. If we look at the last 90 days instead, we find a net average change of -53.44 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
CSAL has an estimated earnings growth rate of 4816.94 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. CSAL has a PEG ratio of 0.11.
In the trailing 52-weeks, CSAL hit 32.73 at the highest peak, while it's lowest trading point was 15.13. Currently the stock is 77 percent higher than its low, and 18.18 percent lower than its 52-week high. CSAL has a price/earnings ratio of 531.03. Investors typically compare the P/E ratio to a company's peers in the industry. The CSAL value stock report compares CSAL to some of its peers using value stock charts. The stock has a market capitalization of $4.19 billion. CSAL is estimated to release their earnings results for the quarter on 2017-02-23, days from today.