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.
Several price targets were given for CNP by the analysts covering the stock. The most optimistic price target was 30, which equates to a potential upside of 6.61 percent. The lowest price target was 26, implying potential capital losses of -7.6 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -2.17 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of CNP's earnings is estimated by analysts to be 20.21 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CNP is 1.29.
In the last 52-weeks, CNP has achieved a high of 29.08 and a low of 21.83. Currently the stock is 28.91 percent higher than its low, and below the high by 3.23 percent. CNP has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.