CEB Inc. (CEB) Stock Price Down 2.8%
CEB Inc. (NYSE:CEB)’s share price traded down 2.8% during trading on Thursday . The company traded as low as $58.20 and last traded at $58.49, with a volume of 81,124 shares. The stock had previously closed at $60.20.
A number of equities analysts have recently commented on the stock. Cantor Fitzgerald reiterated a “buy” rating on shares of CEB in a report on Friday, August 19th. Zacks Investment Research lowered shares of CEB from a “hold” rating to a “strong sell” rating in a report on Monday, August 1st. Mackie cut their price target on shares of CEB from C$0.30 to C$0.25 in a report on Wednesday, May 18th. Finally, TheStreet lowered shares of CEB from a “buy” rating to a “hold” rating in a report on Wednesday, May 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $46.98.
The company has a market capitalization of $1.88 billion and a PE ratio of 30.81. The firm’s 50 day moving average is $62.03 and its 200-day moving average is $61.49.
CEB (NYSE:CEB) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $0.97 EPS for the quarter, topping the Zacks’ consensus estimate of $0.93 by $0.04. The company earned $251.10 million during the quarter, compared to the consensus estimate of $244.57 million. CEB’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.19 EPS. On average, analysts predict that CEB Inc. will post $4.02 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be issued a $0.4125 dividend. This represents a $1.65 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend is Tuesday, September 13th.
CEB Inc, formerly The Corporate Executive Board Company, is a member-based advisory company. The Company operates through two segments: SHL Talent Measurement and CEB. Its SHL Talent Measurement provides cloud-based solutions for talent assessment and talent mobility, and decision support, as well as professional services to support those solutions.
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