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.

CABO was given price targets by several analysts. The most optimistic price target was 785, which equates to a potential upside of 5.27 percent. The lowest price target was 579, which equates to a potential downside of -22.35 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -10.5 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 upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -6.22 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. 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.

CABO has an estimated earnings growth rate of 12.18 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. CABO has a PEG ratio of 3.35.

CABO has a 52-week high of 755.56 and a 52-week low of 506.43. The current market price is above the trailing year's low by 47.24 percent, and 1.31 percent below the high. CABO has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.