CEB Inc. (NYSE:CEB)‘s stock had its “sector perform” rating reiterated by research analysts at RBC Capital Markets in a research report issued on Monday.
CEB has been the subject of several other reports. Cantor Fitzgerald restated a “buy” rating on shares of CEB in a research report on Friday, August 19th. Royal Bank Of Canada downgraded CEB from an “outperform” rating to a “sector perform” rating and set a $60.00 price objective for the company. in a research report on Monday. Finally, Zacks Investment Research downgraded CEB from a “hold” rating to a “strong sell” rating in a research report on Monday, August 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $46.48.
Shares of CEB (NYSE:CEB) opened at 58.90 on Monday. CEB has a 12 month low of $47.33 and a 12 month high of $77.86. The company has a 50-day moving average price of $52.47 and a 200-day moving average price of $58.36. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 50.60 and a beta of 1.75.
CEB (NYSE:CEB) last announced its quarterly earnings data on Tuesday, October 25th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.03. CEB had a negative return on equity of 334.08% and a net margin of 4.05%. The business earned $229.84 million during the quarter, compared to the consensus estimate of $232.63 million. During the same period in the prior year, the company earned $1.00 EPS. CEB’s revenue for the quarter was down .9% on a year-over-year basis. Equities analysts forecast that CEB will post $3.77 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Stockholders of record on Thursday, December 15th will be paid a $0.4125 dividend. The ex-dividend date of this dividend is Tuesday, December 13th. This represents a $1.65 annualized dividend and a dividend yield of 2.80%. CEB’s payout ratio is 142.24%.
Several large investors have recently modified their holdings of the stock. Stoneridge Investment Partners LLC bought a new stake in shares of CEB during the second quarter valued at $1,245,000. Bank of Montreal Can bought a new stake in shares of CEB during the second quarter valued at $299,000. Adams Diversified Equity Fund Inc. bought a new stake in shares of CEB during the second quarter valued at $352,000. Parametrica Management Ltd bought a new stake in shares of CEB during the second quarter valued at $324,000. Finally, LS Investment Advisors LLC boosted its stake in shares of CEB by 70.8% in the second quarter. LS Investment Advisors LLC now owns 1,978 shares of the company’s stock valued at $122,000 after buying an additional 820 shares during the last quarter. 98.56% of the stock is owned by institutional investors.
CEB Company Profile