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 price target was 29, implying potential capital gains of 21.59 percent. The most pessimistic price target was 23.5, implying a possible loss of -1.47 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 -5.95 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 0.55 percent.
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 made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
CVG has an estimated earnings growth rate of 47.36 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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 a 52-week high of 30.92 and a 52-week low of 20.15. Today's price is 18.36 percent above the 52-week low, and 22.87 percent lower than its 52-week 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.