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.
A number of analysts gave price targets for OSB. The maximum price target given was 54, implying potential capital gains of 58.5 percent. The minimum price target given was 35.36, implying a possible loss 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.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -4.28 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 37.1 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.66 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 10.04 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 2 analysts made negative revisions. 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. 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. OSB has a PEG ratio of 2.67.
In the trailing 52-weeks, OSB hit 35.51 at the highest peak, while it's lowest trading point was 21.40. Today's price is 59.21 percent above the 52-week 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.