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.
Many analysts weighed in on price targets for CNO. The maximum price target given was 23, implying a possible profit of 5.75 percent. The lowest price target was 20.5, which equates to a potential downside of -5.75 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.
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. Meanwhile, fiscal year estimates have been revised upwards by 1 percent, compared to last month. 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 revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of CNO to grow at a rate of -30.79 percent. It's possible to gain additional insight about growth valuation of a company by looking at the 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. CNO has a PEG ratio of -0.33.
In the trailing 52-weeks, CNO hit 22.60 at the highest peak, while it's lowest trading point was 14.30. Currently the stock is 52.1 percent higher than its 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 stock has a market capitalization of $3.82 billion. CNO's next earnings release will be on 0000-00-00, which is days away.