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.
Several price targets were given for CLC by the analysts covering the stock. The most optimistic analyst gave a price target of 83, which equates to a potential upside of 0.14 percent. The most pessimistic price target was 83, implying a possible loss 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.
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 0 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.56 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.74 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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.
Analysts estimate earnings of CLC to grow at a rate of -6.11 percent. Another measure frequently examined by investors is the 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, but many choose to perform ratio comparisons with other companies 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. Today's price is 82.51 percent above the 52-week low, and 0.3 percent lower than its 52-week 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 stock has a market capitalization of $4.05 billion. CLC's next earnings release will be on 0000-00-00, which is days away.