Analyst Ratings for Cable One Inc. (CABO)

Updated: 2017-07-26

Shares of Cable One Inc. (NYSE:CABO) have received a consensus rating of Overweight from Wall Street analysts. CABO had previously received a consensus rating of Overweight a month ago.

4 analysts issued ratings on the stock, where 1 gave CABO a buy rating, 1 gave an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for CABO. The highest price target was 785, implying a possible profit of 5.27 percent. The most pessimistic analyst gave a price target of 579, which equates to a potential downside of -22.35 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

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 -10.5 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -6.22 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CABO's earnings is estimated by analysts to be 12.18 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CABO is 3.35.

CABO has a 52-week high of 755.56 and a 52-week low of 506.43. Today's price is 47.24 percent above the 52-week low, and below the high by 1.31 percent. CABO has a P/E ratio of 40.79. Investors typically compare the P/E ratio to a company's peers in the industry. The CABO value stock report compares CABO to some of its peers using value stock charts. The market cap of CABO is $4.29 billion. CABO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.