Analyst Ratings for Cabela's Inc. (CAB)Updated: 2017-07-26
Analysts covering Cabela's Inc. (NYSE:CAB) have given it a consensus rating of Hold. Last month, CAB received an average rating of Hold.
10 analysts issued ratings on the stock, where 1 gave CAB a buy rating, 0 issued an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for CAB. The most optimistic price target was 61.5, implying a possible profit of 5.91 percent. The minimum price target given was 59, implying a possible loss of 1.6 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -1.69 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.18 percent. If we look at the last 90 days instead, we find a net average change of -2.34 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of CAB to grow at a rate of 29.38 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CAB is 0.95.
In the last 52-weeks, CAB has achieved a high of 63.60 and a low of 45.00. Currently the stock is 29.04 percent higher than its low, and 8.69 percent below the high. CAB has a price/earnings ratio of 27.92. Investors typically compare the P/E ratio to a company's peers in the industry. The CAB value stock report compares CAB to some of its peers using value stock charts. The stock has a market capitalization of $4 billion. CAB's next earnings release will be on 0000-00-00, which is days away.