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.
A number of analysts gave price targets for CBS. The highest price target was 80, implying a possible profit of 18.64 percent. The lowest price target was 56, implying potential capital losses of -16.95 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. This can be compared with the average change in earnings estimates over the past 3 months, which 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. Also over the last month, 2 analysts increased their estimates for the FY 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. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of CBS is 0.21.
CBS has a 52-week high of 70.10 and a 52-week low of 48.88. Currently the stock is 37.95 percent higher than its low, 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.