Analyst Activity Update on CBS Corporation (NYSE:CBS), Godaddy Inc (NYSE:GDDY)

For the current quarter, analysts are expecting CBS Corporation (NYSE:CBS) to report EPS of $0.94. This consensus estimate is provided by Zacks Research. After the period that ended on 2017-03-31, CBS Corporation (NYSE:CBS) reported an EPS actual of $1.04. The difference between the actual and estimate resulted in a surprise factor of 9.47%. The company is expected to release their next earnings report on or around 2017-08-07. Interested parties will be watching to see how company results compare to what the Street was projecting for the fiscal period.

Shares of CBS Corporation (NYSE:CBS) have a current ABR or average broker rating of 1.48. This consensus recommendation is also provided by Zacks Research. The recommendation falls on a scale between 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This consensus broker rating may help shed some light on how the sell-side is currently viewing company stock.

Covering analysts often provide target price projections for company shares. The current Zacks consensus target price on shares of CBS Corporation (NYSE:CBS) is $72.888. The top analyst target is $86, and the lowest target is $51 on the stock. Because of the different techniques used to gauge a company target price, estimates may be quite different from one analyst to another.

In the most recent session, Godaddy Inc (NYSE:GDDY) shares have traded N/A. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $2.73 away from the 50-day moving average of $38.69 and $4.93 away from the 200-day moving average of $36.49. From a different angle, the stock has been recently recorded -0.93% off of the 52-week high of 41.81 and +47.24% removed from the 52-week low of 28.13. 

Currently, GoDaddy Inc. Class A Common Sto has a price to earnings ratio of N/A. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 11.28.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $43.67 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

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