Analyst Ratings for Columbia Property Trust Inc. (CXP)Updated: 2017-07-27
Analysts covering Columbia Property Trust Inc. (NYSE:CXP) have given it a consensus rating of Overweight. CXP had previously received a consensus rating of Overweight a month ago.
2 analysts declared CXP a buy, 0 issued an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for CXP. The maximum price target given was 26, which equates to a potential upside of 18.13 percent. The lowest price target was 21, which equates to a potential downside of -4.59 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -1.79 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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.
Analysts estimate earnings of CXP to grow at a rate of 2249.97 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. CXP has a PEG ratio of 0.19.
CXP has a 52-week high of 24.63 and a 52-week low of 20.27. The current market price is above the trailing year's low by 8.58 percent, and 10.64 percent below the high. CXP has a P/E ratio of 434.98. Investors typically compare the P/E ratio to a company's peers in the industry. The CXP value stock report compares CXP to some of its peers using value stock charts. The stock has a market capitalization of $2.7 billion. CXP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.