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.
Investment analysts gave a few price targets for CNA. The most optimistic price target was 50, which equates to a potential upside of 1.42 percent. The most pessimistic analyst gave a price target of 46, implying potential capital losses of -6.69 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.04 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. 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. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. CNA has a PEG ratio of -1.
In the last 52-weeks, CNA has achieved a high of 50.15 and a low of 30.94. The current market price is above the trailing year's low by 59.34 percent, 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 market cap of CNA is $13.56 billion. CNA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.