Analyst Ratings for CBL & Associates Properties Inc. (CBL)Updated: 2017-07-27
CBL & Associates Properties Inc. (NYSE:CBL) was awarded an average rating of Hold from investment analysts following the stock. Last month, CBL received an average rating of Hold.
2 analysts declared CBL a buy, 0 gave an overweight rating, 14 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
A number of analysts gave price targets for CBL. The most optimistic price target was 17.5, implying potential capital gains of 86.57 percent. The minimum price target given was 6, which equates to a potential downside of -36.03 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -8.96 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.23 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -10.01 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 3 analysts made negative revisions to their fiscal year's estimates.
CBL has an estimated earnings growth rate of 343.41 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CBL is 0.05.
CBL has a 52-week high of 14.30 and a 52-week low of 7.15. Today's price is 31.19 percent above the 52-week low, and below the high by 34.41 percent. CBL has a P/E ratio of 18.49. Investors typically compare the P/E ratio to a company's peers in the industry. The CBL value stock report compares CBL to some of its peers using value stock charts. The market cap of CBL is $1.56 billion. CBL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.