Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Cabelas (CAB) Stock Price
News articles about Cabelas (NYSE:CAB) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cabelas earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 44.6121904424231 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
CAB has been the subject of several recent research reports. Forward View restated a “buy” rating and issued a $61.50 price target on shares of Cabelas in a research note on Thursday, September 7th. Zacks Investment Research raised Cabelas from a “sell” rating to a “hold” rating in a report on Friday, September 22nd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $61.50 price objective (up from $59.00) on shares of Cabelas in a report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. Cabelas has a consensus rating of “Hold” and an average price target of $61.13.
Cabelas (NYSE:CAB) remained flat at $$61.50 during trading on Friday. The company has a quick ratio of 2.40, a current ratio of 2.75 and a debt-to-equity ratio of 1.50. Cabelas has a 52 week low of $45.00 and a 52 week high of $63.60. The firm has a market cap of $4,240.00, a PE ratio of 31.87 and a beta of 0.14.
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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