CEB Inc. (CEB) Receives $43.35 Consensus Target Price from Analysts
Shares of CEB Inc. (NYSE:CEB) have been assigned an average recommendation of “Buy” from the eleven brokerages that are covering the stock. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $44.87.
A number of research firms have commented on CEB. Cantor Fitzgerald reaffirmed a “buy” rating on shares of CEB in a report on Friday, August 19th. Royal Bank Of Canada decreased their price objective on shares of CEB from $71.00 to $68.00 and set an “outperform” rating for the company in a report on Tuesday, October 25th. Zacks Investment Research downgraded shares of CEB from a “hold” rating to a “strong sell” rating in a report on Monday, August 1st. Finally, RBC Capital Markets set a $68.00 price objective on shares of CEB and gave the stock a “buy” rating in a report on Tuesday, October 25th.
CEB (NYSE:CEB) opened at 55.00 on Friday. The stock has a market cap of $1.77 billion, a P/E ratio of 47.25 and a beta of 1.75. CEB has a one year low of $47.33 and a one year high of $78.21. The stock has a 50 day moving average of $51.97 and a 200-day moving average of $58.75.
CEB (NYSE:CEB) last issued its quarterly earnings results on Tuesday, October 25th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The business earned $229.84 million during the quarter, compared to analyst estimates of $232.63 million. CEB had a net margin of 4.05% and a negative return on equity of 334.08%. The business’s revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.00 earnings per share. Analysts anticipate that CEB will post $3.77 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Thursday, December 15th will be issued a $0.4125 dividend. This represents a $1.65 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Tuesday, December 13th. CEB’s payout ratio is currently 142.24%.
Large investors have recently bought and sold shares of the company. Piedmont Investment Advisors LLC bought a new stake in CEB during the third quarter valued at $137,000. Ameritas Investment Partners Inc. increased its stake in CEB by 66.4% in the third quarter. Ameritas Investment Partners Inc. now owns 12,603 shares of the company’s stock valued at $686,000 after buying an additional 5,029 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its stake in CEB by 162.2% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 902,009 shares of the company’s stock valued at $49,132,000 after buying an additional 558,037 shares during the last quarter. Highbridge Capital Management LLC increased its stake in CEB by 1.7% in the third quarter. Highbridge Capital Management LLC now owns 39,261 shares of the company’s stock valued at $2,139,000 after buying an additional 665 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. bought a new stake in CEB during the third quarter valued at $2,361,000. 99.90% of the stock is owned by institutional investors and hedge funds.
CEB Company Profile
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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