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 most optimistic analyst gave a price target of 83, implying potential capital gains of 0.14 percent. The lowest price target was 83, implying a possible loss of 0.14 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. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.56 percent. If we look at the last 90 days instead, we find a net average change of -0.74 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CLC's earnings is estimated by analysts to be -6.11 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CLC is -4.78.

In the trailing 52-weeks, CLC hit 83.13 at the highest peak, while it's lowest trading point was 45.41. Currently the stock is 82.51 percent higher than its low, and below the high by 0.3 percent. 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 will post this quarters earnings in days, on 0000-00-00.