Analyst Ratings for Norbord Inc. (OSB)Updated: 2017-07-28
Analysts covering Norbord Inc. (NYSE:OSB) have given it a consensus rating of Overweight. About 30 days ago, OSB was issued an average rating of Overweight.
Of the 9 analysts covering the stock, 5 gave it a buy rating, 0 issued an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for OSB. The maximum price target given was 54, implying a possible profit of 58.5 percent. The minimum price target given was 35.36, implying potential capital losses of 3.79 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -4.28 percent on average, compared to last month. That number becomes 37.1 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.66 percent. If we look at the last 90 days instead, we find a net average change of 10.04 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 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.
OSB has an estimated earnings growth rate of 4 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of OSB is 2.67.
In the trailing 52-weeks, OSB hit 35.51 at the highest peak, while it's lowest trading point was 21.40. Currently the stock is 59.21 percent higher than its low, and 4.06 percent lower than its 52-week high. OSB has a P/E ratio of 10.67. Investors typically compare the P/E ratio to a company's peers in the industry. The OSB value stock report compares OSB to some of its peers using value stock charts. The market cap of OSB is $3.61 billion. OSB's next earnings release will be on 0000-00-00, which is days away.