CEB Inc. (CEB) Sees Strong Trading Volume
CEB Inc. (NYSE:CEB) saw strong trading volume on Friday . 127,797 shares were traded during mid-day trading, an increase of 1% from the previous session’s volume of 126,745 shares.The stock last traded at $58.67 and had previously closed at $58.41.
Several analysts have recently commented on the stock. Cantor Fitzgerald reaffirmed a “buy” rating on shares of CEB in a report on Friday, August 19th. Mackie dropped their price objective on shares of CEB from C$0.30 to C$0.25 in a report on Wednesday, May 18th. Finally, Zacks Investment Research downgraded shares of CEB from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. CEB has a consensus rating of “Buy” and a consensus target price of $46.98.
The firm has a 50-day moving average price of $61.69 and a 200-day moving average price of $61.45. The company has a market capitalization of $1.90 billion and a P/E ratio of 31.11.
CEB (NYSE:CEB) last released its quarterly earnings data on Tuesday, July 26th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The company had revenue of $251.10 million for the quarter, compared to analyst estimates of $244.57 million. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.19 EPS. On average, equities analysts predict that CEB Inc. will post $4.02 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be issued a dividend of $0.4125 per share. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $1.65 dividend on an annualized basis and a yield of 2.80%.
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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