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.

A number of analysts gave price targets for CLC. The maximum price target given was 83, implying potential capital gains of 0.14 percent. The most pessimistic price target was 83, which equates to a potential downside of 0.14 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.56 percent, as compared to a month ago. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their 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, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CLC has a PEG ratio of -4.78.

In the last 52-weeks, CLC has achieved a high of 83.13 and a low of 45.41. The current market price is above the trailing year's low by 82.51 percent, and 0.3 percent lower than its 52-week 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 stock has a market capitalization of $4.05 billion. CLC's next earnings release will be on 0000-00-00, which is days away.