Analyst Ratings for CenterPoint Energy Inc. (CNP)

Updated: 2017-07-29

CenterPoint Energy Inc. (NYSE:CNP) was awarded an average rating of Hold from investment analysts following the stock. CNP had previously received a consensus rating of Hold a month ago.

A buy rating was issued by 2 analysts, 0 gave an overweight rating, 15 issued a hold rating, 1 issued an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for CNP. The maximum price target given was 30, implying potential capital gains of 6.61 percent. The most pessimistic price target was 26, implying a possible loss of -7.6 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -2.17 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.38 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

CNP has an estimated earnings growth rate of 20.21 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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 CNP is 1.29.

CNP has traded between a high of 29.08 and a low of 21.83 over the past year. Today's price is 28.91 percent above the 52-week low, and 3.23 percent lower than its 52-week high. CNP has a price/earnings ratio of 26.17. Investors typically compare the P/E ratio to a company's peers in the industry. The CNP value stock report compares CNP to some of its peers using value stock charts. The stock has a market capitalization of $12.12 billion. CNP will post this quarters earnings in days, on 0000-00-00.