Analyst Ratings for CNA Financial Corp. (CNA)Updated: 2017-07-26
CNA Financial Corp. (NYSE:CNA) was awarded an average rating of Hold from investment analysts following the stock. Last month, CNA received an average rating of Hold.
A buy rating was issued by 1 analysts, 0 issued an overweight rating, 6 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for CNA. The most optimistic analyst gave a price target of 50, implying a possible profit of 1.42 percent. The lowest price target was 46, implying a possible loss of -6.69 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 downwards by an average of -2.6 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.66 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.59 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.04 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 3 analysts made negative revisions to their fiscal year's estimates.
CNA has an estimated earnings growth rate of -12.77 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CNA is -1.
CNA has traded between a high of 50.15 and a low of 30.94 over the past year. Currently the stock is 59.34 percent higher than its low, and below the high by 1.69 percent. CNA has a price/earnings ratio of 12.71. Investors typically compare the P/E ratio to a company's peers in the industry. The CNA value stock report compares CNA to some of its peers using value stock charts. The stock has a market capitalization of $13.56 billion. CNA will post this quarters earnings in days, on 0000-00-00.