Cabela’s (CAB) Getting Somewhat Favorable Media Coverage, Report Finds
News articles about Cabela’s (NYSE:CAB) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cabela’s earned a news impact score of 0.03 on Accern’s scale. Accern also assigned news articles about the company an impact score of 43.648594442707 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news headlines that may have effected Accern’s rankings:
- Cabela’s Inc (CAB) Stock Rating Reaffirmed by Forward View (americanbankingnews.com)
- Cabela’s, Bass Pro Shops merger approved (wishtv.com)
- Cabela’s Inc (CAB) Looks Good: Stock Adds 14.3% in Session (finance.yahoo.com)
- Cabela’s Inc (CAB) Rating Reiterated by Stifel Nicolaus (americanbankingnews.com)
- Synovus Obtains Regulatory Nod to Buy Cabela’s Financial Arm – Nasdaq (nasdaq.com)
CAB has been the topic of a number of recent analyst reports. BidaskClub lowered Cabela’s from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st. Stifel Nicolaus reiterated a “hold” rating and issued a $61.50 target price (up previously from $59.00) on shares of Cabela’s in a research note on Friday. Forward View reiterated a “buy” rating and issued a $61.50 target price on shares of Cabela’s in a research note on Tuesday, August 8th. Zacks Investment Research lowered Cabela’s from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. Finally, Northcoast Research lowered Cabela’s from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 5th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $64.50.
Cabela’s (NYSE:CAB) opened at 60.93 on Friday. The stock has a market cap of $4.20 billion, a price-to-earnings ratio of 31.60 and a beta of 0.14. Cabela’s has a 52 week low of $45.00 and a 52 week high of $63.60. The stock’s 50 day moving average price is $54.93 and its 200 day moving average price is $53.95.
Cabela’s (NYSE:CAB) last posted its earnings results on Thursday, August 3rd. The company reported $0.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by $0.04. Cabela’s had a return on equity of 8.60% and a net margin of 3.29%. The firm had revenue of $890.40 million for the quarter, compared to analyst estimates of $906.06 million. During the same period in the previous year, the company posted $0.59 EPS. Cabela’s’s revenue was down 4.2% on a year-over-year basis. On average, analysts forecast that Cabela’s will post $2.58 earnings per share for the current year.
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Cabela’s Company Profile
Cabela’s Incorporated is an omni-channel retailer of hunting, fishing, camping, shooting sports and related outdoor merchandise. The Company offers its customers a selection of national and regional brand products, including its Cabela’s brand. The Company’s segments include Merchandising and Financial Services.
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