The shares of CBL & Associates Properties, Inc (NYSE:CBL) has been pegged with a rating of Underweight by JP Morgan in its latest research note that was published on December 19th, 2018. JP Morgan wasn’t the only research firm that published a report of CBL & Associates Properties, Inc, with other equities research analysts also giving their opinion on the stock. Jefferies advised investors in its research note published on December 21st, 2017, to Underperform the CBL stock. The stock had earned Underperform rating from Raymond James when it published its report on December 20th, 2017. The stock was given Sell rating by Citigroup in its report released on December 14th, 2017. Jefferies was of a view that CBL is Hold in its latest report on November 6th, 2017. Wells Fargo thinks that CBL is worth Underperform rating. This was contained in the firm’s report on November 3rd, 2017.
Amongst the analysts that rated the stock, 3 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $2.42. The price of the stock the last time has raised by 30.73% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 47.36.
The shares of the company added by 3.08% during the trading session on Friday, reaching a low of $2.27 while ending the day at $2.34. During the trading session, a total of 2.72 million shares were traded which represents a 8.44% incline from the average session volume which is 2.97M shares. CBL had ended its last session trading at 2.27. CBL & Associates Properties, Inc currently has a market cap of $392.00M while its P/E earnings growth sits at 0.45, with a beta of 1.63. CBL & Associates Properties, Inc debt-to-equity ratio currently stands at 3.95, while its quick ratio hovers at . CBL 52-week low price stands at $1.79 while its 52-week high price is $6.26.
The company in its last quarterly report recorded $0.45 earnings per share which is below the $0.45 predicted by most analysts. The CBL & Associates Properties, Inc generated $216.88 million in revenue during the last quarter, which is slightly higher than the $212.33 million predicted by analysts. In the second quarter last year, the firm recorded $0.40 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 11.11%. CBL & Associates Properties, Inc has the potential to record -0.18 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Needham published a research note on August 13th, 2018 where it informed investors and clients that Viasat, Inc. (NASDAQ:VSAT) is now rated as Buy. Their price target on the stock stands at $70. Jefferies also rated VSAT as Downgrade on December 21st, 2017, with its price target of $12 suggesting that VSAT could down by -5.03% from its current share price. Even though the stock has been trading at $65.26/share, analysts expect it to surge higher by 12.66% to reach $70.00/share. It started the day trading at $74 and traded between $71.5 and $73.52 throughout the trading session.
A look at its technical shows that VSAT’s 50-day SMA is 63.01 while its 200-day SMA stands at 64.52. The company’s average trading volume currently stands at 379.32K shares, which means that the short-interest ratio is just 20.90 days. Over the past seven days, the company moved, with its shift of 16.70%. Looking further, the stock has raised 4.88% over the past 90 days while it gained 4.86% over the last six months.
FPR Partners LLC meanwhile bought more VSAT shares in the recently filed quarter, changing its stake to $357,054,727 worth of shares. BlackRock Fund Advisors followed the path by increasing its VSAT portfolio by +3.56% in the quarter. This means that BlackRock Fund Advisors bought 203,196 shares in the last quarter and now controls 5,908,304 shares of the VSAT stock, with the valuation hitting $348,294,521.
Similarly, Southeastern Asset Management In decreased its Viasat, Inc. shares by -6.11% during the recently filed quarter. After selling -264,139 shares in the last quarter, the firm now controls 4,061,758 shares of Viasat, Inc. which are valued at $239,440,634. In the same vein, Odey Asset Management LLP increased its Viasat, Inc. shares by during the most recent reported quarter. The firm bought 676,224 shares during the quarter which increased its stakes to 3,021,826 shares and is now valued at $178,136,643. Following these latest developments, around 0.20% of Viasat, Inc. stocks are owned by institutional investors and hedge funds.