Analyst Ratings for CBS Corp. Cl B (CBS)

Updated: 2017-07-28

An average rating of Overweight has been given to CBS Corp. Cl B (NYSE:CBS) by analysts covering the stock. About 30 days ago, CBS was issued an average rating of Buy.

Of the 34 analysts covering the stock, 24 gave it a buy rating, 1 gave an overweight rating, 9 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 4 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for CBS. The maximum price target given was 80, which equates to a potential upside of 18.64 percent. The most pessimistic analyst gave a price target of 56, implying potential capital losses of -16.95 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.45 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.23 percent. If we look at the last 90 days instead, we find a net average change of 0.91 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 4 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 5 analysts that revised their FY estimates downwards.

CBS has an estimated earnings growth rate of 293.53 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. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. CBS has a PEG ratio of 0.21.

CBS has traded between a high of 70.10 and a low of 48.88 over the past year. Today's price is 37.95 percent above the 52-week low, and 3.81 percent lower than its 52-week high. CBS has a P/E ratio of 60.21. Investors typically compare the P/E ratio to a company's peers in the industry. The CBS value stock report compares CBS to some of its peers using value stock charts. The stock has a market capitalization of $27.44 billion. CBS's next earnings release will be on 0000-00-00, which is days away.