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 most optimistic analyst gave a price target of 54, which equates to a potential upside of 58.5 percent. The most pessimistic price target was 35.36, which equates to a potential downside of 3.79 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -4.28 percent on average, compared to last month. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of OSB to grow at a rate of 4 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, 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. OSB has a PEG ratio of 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 4.06 percent lower than its 52-week high. 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 stock has a market capitalization of $3.61 billion. OSB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.