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 lowest price target was 20.5, which equates to a potential downside of -5.75 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.39 percent on average, compared to last month. The average change in earnings estimates over the last 90 days 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. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of CNO's earnings is estimated by analysts to be -30.79 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CNO is -0.33.
In the last 52-weeks, CNO has achieved a high of 22.60 and a low of 14.30. Today's price is 52.1 percent above the 52-week low, and below the high by 3.76 percent. 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 market cap of CNO is $3.82 billion. CNO's next earnings release will be on 0000-00-00, which is days away.