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.

Many analysts weighed in on price targets for CLC. The maximum price target given was 83, implying potential capital gains of 0.14 percent. The minimum price target given was 83, implying a possible loss of 0.14 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

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 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. 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.

Analysts estimate earnings of CLC to grow at a rate of -6.11 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. The PEG ratio of CLC is -4.78.

CLC has traded between a high of 83.13 and a low of 45.41 over the past year. Currently the stock is 82.51 percent higher than its low, and 0.3 percent below the high. CLC has a P/E 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.