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.
CNA was given price targets by several analysts. The most optimistic analyst gave a price target of 50, implying a possible profit of 1.42 percent. The lowest price target was 46, which equates to a potential downside 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -2.6 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 -0.66 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.59 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.04 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts decreased their 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. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. CNA has a PEG ratio of -1.
CNA has a 52-week high of 50.15 and a 52-week low of 30.94. Today's price is 59.34 percent above the 52-week low, and 1.69 percent lower than its 52-week high. 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's next earnings release will be on 0000-00-00, which is days away.