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.
OSB was given price targets by several analysts. The most optimistic price target was 54, which equates to a potential upside of 58.5 percent. The minimum price target given was 35.36, which equates to a potential downside of 3.79 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -4.28 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 37.1 percent. 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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.
The growth rate of OSB's earnings is estimated by analysts to be 4 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of OSB is 2.67.
OSB has a 52-week high of 35.51 and a 52-week low of 21.40. The current market price is above the trailing year's low by 59.21 percent, and below the high by 4.06 percent. OSB has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.