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.
A number of analysts gave price targets for CNO. The highest price target was 23, implying a possible profit of 5.75 percent. The most pessimistic analyst gave a price target of 20.5, implying potential capital losses of -5.75 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.39 percent. 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.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of CNO's earnings is estimated by analysts to be -30.79 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. 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. 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. Currently the stock is 52.1 percent higher than its low, and 3.76 percent below the high. CNO has a price/earnings 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.