Rating Worth Mentioning Today: Is CEB (NYSE:CEB) a Stock to Sell After RBC Capital Downgrade?

November 28, 2016 - By Dolores Ford

Rating Worth Mentioning Today: Is CEB (NYSE:CEB) a Stock to Sell After RBC Capital Downgrade?

CEB (NYSE:CEB) Downgrade

In a a note revealed to investors and clients today, RBC Capital cut shares of CEB (NYSE:CEB) to a Sector Perform rating from a Outperform rating.

CEB Inc. (NYSE:CEB) Ratings Coverage

Out of 4 analysts covering Corp. Exec. Board (NYSE:CEB), 3 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 75% are positive. $93 is the highest target while $58 is the lowest. The $72.80 average target is 24.55% above today’s ($58.45) stock price. Corp. Exec. Board has been the topic of 12 analyst reports since July 30, 2015 according to StockzIntelligence Inc. Stifel Nicolaus maintained CEB Inc. (NYSE:CEB) on Friday, February 26 with “Buy” rating. RBC Capital Markets maintained CEB Inc. (NYSE:CEB) rating on Thursday, July 30. RBC Capital Markets has “Outperform” rating and $91 price target. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, July 30. The rating was maintained by Barclays Capital on Thursday, July 30 with “Equal Weight”. Deutsche Bank maintained the stock with “Buy” rating in Thursday, September 17 report. The company was maintained on Friday, February 5 by Stifel Nicolaus. Cantor Fitzgerald initiated the shares of CEB in a report on Tuesday, November 10 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, February 9. RBC Capital Markets maintained the shares of CEB in a report on Tuesday, October 25 with “Outperform” rating.

About 145,665 shares traded hands. CEB Inc. (NYSE:CEB) has declined 9.18% since April 25, 2016 and is downtrending. It has underperformed by 15.19% the S&P500.

Analysts await CEB Inc. (NYSE:CEB) to report earnings on February, 1. They expect $0.95 earnings per share, down 7.77% or $0.08 from last year’s $1.03 per share. CEB’s profit will be $30.88M for 15.38 P/E if the $0.95 EPS becomes a reality. After $0.82 actual earnings per share reported by CEB Inc. for the previous quarter, Wall Street now forecasts 15.85% EPS growth.

According to Zacks Investment Research, “CEB Inc. is an advisory company. The Company’s operating segment consists of SHL Talent Measurement and CEB. SHL Talent Measurement provides cloud-based solutions. CEB segment provides technology tools on data analytics and analytical solutions. CEB Inc., formerly known as The Corporate Executive Board Company, is based in ARLINGTON, United States.”

CEB Company Profile

CEB Inc., incorporated on September 11, 1997, is an insight and technology company. The Firm operates through two divisions: CEB and CEB Talent Assessment. The Company’s solutions managed by people include managed by people include talent management. Talent management include plan, recruit, assess, develop, engage and perform. The Company’s solutions managed by function include compliance and legal, finance, financial services, government, human resources, information technology, innovation and strategy, marketing and communications, procurement and operations, risk and audit, and sales and service. The Company’s services and products include best practices and decision support, leadership councils, market insights, talent management and measurement, and tools and solutions. CEB offers approximately 50 different memberships aligned to functional and industry leadership roles. Market insight memberships are services that address the insight and analytics needs of marketing, compliance and financial services. These services include the Company’s CEB TowerGroup and CEB Iconoculture offerings. The Company’s tools and solutions offerings focus on the practical, actionable applications of analytics and planning, and best-practice implementation.

More notable recent CEB Inc. (NYSE:CEB) news were published by: Bizjournals.com which released: “Tom Monahan to step down from CEB after more than a decade at the helm” on August 31, 2016, also Prnewswire.com with their article: “CEB Brings Talent Management Best Practices to Non-profits Worldwide” published on November 04, 2016, Moodys.com published: “Moody’s changes CEB Inc.’s outlook to negative; Ba2 CFR affirmed” on April 15, 2016. More interesting news about CEB Inc. (NYSE:CEB) were released by: Prnewswire.com and their article: “CEB Honors Veterans Throughout The Month Of November” published on November 08, 2016 as well as Prnewswire.com‘s news article titled: “CEB To Acquire Evanta” with publication date: April 04, 2016.

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