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 potential capital gains of 1.42 percent. The lowest price target was 46, which equates to a potential downside of -6.69 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.6 percent. The average change in earnings estimates over the last 90 days is -0.66 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.59 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.04 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts revised their estimates downwards. 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, though it could be better to see where the ratio stands relative to peers in the industry. CNA has a PEG ratio of -1.
In the trailing 52-weeks, CNA hit 50.15 at the highest peak, while it's lowest trading point was 30.94. Currently the stock is 59.34 percent higher than its low, and below the high by 1.69 percent. CNA has a P/E 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.