Analyst Ratings for Convergys Corp. (CVG)

Updated: 2017-07-29

Convergys Corp. (NYSE:CVG) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, CVG was issued an average rating of Overweight.

Of the 6 analysts covering the stock, 1 gave it a buy rating, 1 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 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. During this time, the number of analysts bearish on the stock has increased by 0.

CVG was given price targets by several analysts. The most optimistic analyst gave a price target of 29, implying a possible profit of 21.59 percent. The most pessimistic analyst gave a price target of 23.5, which equates to a potential downside of -1.47 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.95 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.55 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CVG's earnings is estimated by analysts to be 47.36 percent. Another measure frequently examined by investors is 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. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CVG has a PEG ratio of 0.41.

CVG has traded between a high of 30.92 and a low of 20.15 over the past year. Currently the stock is 18.36 percent higher than its low, and 22.87 percent below the high. CVG has a price/earnings ratio of 19.26. Investors typically compare the P/E ratio to a company's peers in the industry. The CVG value stock report compares CVG to some of its peers using value stock charts. The market cap of CVG is $2.26 billion. CVG's next earnings release will be on 0000-00-00, which is days away.