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 highest price target was 26, implying a possible profit of 18.13 percent. The most pessimistic price target was 21, implying potential capital losses of -4.59 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -1.79 percent if we expand the time horizon to include the past 3 months instead of just one. 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 percent.
Another thing investors often look at is the level of agreement among analysts' 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, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of CXP's earnings is estimated by analysts to be 2249.97 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CXP is 0.19.
CXP has traded between a high of 24.63 and a low of 20.27 over the past year. The current market price is above the trailing year's low by 8.58 percent, and 10.64 percent lower than its 52-week high. CXP has a price/earnings 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.