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 maximum price target given was 23, implying potential capital gains of 5.75 percent. The most pessimistic analyst gave a price target of 20.5, implying potential capital losses 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. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
CNO has an estimated earnings growth rate of -30.79 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of CNO is -0.33.
In the trailing 52-weeks, CNO hit 22.60 at the highest peak, while it's lowest trading point was 14.30. Today's price is 52.1 percent above the 52-week 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.