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.

A number of analysts gave price targets for CNP. The most optimistic price target was 30, implying a possible profit of 6.61 percent. The most pessimistic analyst gave a price target of 26, which equates to a potential downside of -7.6 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 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.17 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.38 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

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, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. CNP has a PEG ratio of 1.29.

In the trailing 52-weeks, CNP hit 29.08 at the highest peak, while it's lowest trading point was 21.83. The current market price is above the trailing year's low by 28.91 percent, and below the high by 3.23 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.