Analyst Ratings for CLARCOR Inc. (CLC)Updated: 2017-02-12
Analysts covering CLARCOR Inc. (NYSE:CLC) have given it a consensus rating of Hold. CLC had previously received a consensus rating of Hold a month ago.
Of the 8 analysts covering the stock, 0 gave it a buy rating, 0 issued an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 0 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.
Investment analysts gave a few price targets for CLC. The highest price target was 83, implying potential capital gains of 0.14 percent. The minimum price target given was 83, implying potential capital losses of 0.14 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.56 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.74 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
The growth rate of CLC's earnings is estimated by analysts to be -6.11 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. 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. The PEG ratio of CLC is -4.78.
In the last 52-weeks, CLC has achieved a high of 83.13 and a low of 45.41. Currently the stock is 82.51 percent higher than its low, and 0.3 percent below the high. CLC has a price/earnings ratio of 29.21. Investors typically compare the P/E ratio to a company's peers in the industry. The CLC value stock report compares CLC to some of its peers using value stock charts. The market cap of CLC is $4.05 billion. CLC's next earnings release will be on 0000-00-00, which is days away.