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.
Several price targets were given for CBS by the analysts covering the stock. The maximum price target given was 80, which equates to a potential upside of 18.64 percent. The minimum price target given was 56, implying potential capital losses of -16.95 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -3.45 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.23 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.91 percent.
People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 5 analysts that revised their FY estimates downwards.
Analysts estimate earnings of CBS to grow at a rate of 293.53 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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 CBS is 0.21.
In the trailing 52-weeks, CBS hit 70.10 at the highest peak, while it's lowest trading point was 48.88. The current market price is above the trailing year's low by 37.95 percent, and below the high by 3.81 percent. CBS has a price/earnings 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 market cap of CBS is $27.44 billion. CBS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.