Analyst Ratings for Cubic Corp. (CUB)Updated: 2017-07-27
Cubic Corp. (NYSE:CUB) was awarded an average rating of Buy from investment analysts following the stock. A consensus rating of Buy was previously issued for CUB last month.
Of the 6 analysts covering the stock, 4 gave it a buy rating, 1 gave an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. 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 CUB. The maximum price target given was 60, which equates to a potential upside of 26.72 percent. The minimum price target given was 49, which equates to a potential downside of 3.48 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -77.84 percent. Meanwhile, fiscal year estimates have been revised upwards by 3.13 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -73.4 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, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
CUB has traded between a high of 55.65 and a low of 39.50 over the past year. The current market price is above the trailing year's low by 19.87 percent, and 14.91 percent below the high. CUB has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The CUB value stock report compares CUB to some of its peers using value stock charts. The stock has a market capitalization of $1.29 billion. CUB will post this quarters earnings in days, on 0000-00-00.