Analyst Ratings for CNO Financial Group Inc. (CNO)Updated: 2017-07-26
CNO Financial Group Inc. (NYSE:CNO) was awarded an average rating of Hold from investment analysts following the stock. Last month, CNO received an average rating of Hold.
7 analysts issued ratings on the stock, where 1 gave CNO a buy rating, 0 gave an overweight rating, 6 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for CNO by the analysts covering the stock. The maximum price target given was 23, which equates to a potential upside of 5.75 percent. The most pessimistic analyst gave a price target of 20.5, which equates to a potential downside of -5.75 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.39 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 1.39 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.68 percent in FY estimates.
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, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
CNO has an estimated earnings growth rate of -30.79 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, though it could be better to see where the ratio stands relative to peers in the industry. CNO has a PEG ratio of -0.33.
CNO has traded between a high of 22.60 and a low of 14.30 over the past year. Today's price is 52.1 percent above the 52-week low, and 3.76 percent below the high. CNO has a P/E ratio of 10.16. Investors typically compare the P/E ratio to a company's peers in the industry. The CNO value stock report compares CNO to some of its peers using value stock charts. The stock has a market capitalization of $3.82 billion. CNO's next earnings release will be on 0000-00-00, which is days away.