CBS Corporations in-depth stock price analysis indicates that the stock price has rallied 7.33% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 25.19% . Looking at the past 52 week period, the stock price is up at 49.14% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of CBS Corporation has a positive value of 15.48 compared to overall market. CBS Corporation (NYSE:CBS) has climbed 0.39% in the past week and advanced 3.34% in the last 4 weeks. The stocks have underperformed the S&P 500 by 0.42% during the past week but CBS Corporation (NYSE:CBS) it has outperformed the index in 4 weeks by 1.49%.
CBS Corporation (NYSE:CBS) : On Friday heightened volatility was witnessed in CBS Corporation (NYSE:CBS) which led to swings in the share price. The stock opened for trading at $64.56 and hit $64.82 on the upside , eventually ending the session at $64.4, with a gain of 0.03% or 0.02 points. The heightened volatility saw the trading volume jump to 3,838,124 shares. The 52-week high of the share price is $66.88 and the company has a market cap of $27,673 million. The 52-week low of the share price is at $41.36 .
CBS Corporation Last issued its quarterly earnings results on Nov 3, 2016. The company reported $1.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.98. The company had revenue of $3396.00 million for the quarter, compared to analysts expectations of $3340.70 million. The companys revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.88 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.CBS Corporation was Upgraded by Atlantic Equities to Overweight on Feb 6, 2017. Company shares were Reiterated by Needham on Jan 24, 2017 to Buy, Raises Price Target to $ 72 from a previous price target of $65 .CBS Corporation was Resumed by Credit Suisse on Jan 20, 2017 to Outperform, Price Target of the shares are set at $75.CBS Corporation was Downgraded by Pivotal Research Group on Jan 12, 2017 to Hold, Lowers Price Target to $ 67 from a previous price target of $72 .Company shares were Reiterated by Telsey Advisory Group on Dec 13, 2016 to Market Perform, Raises Price Target to $ 66 from a previous price target of $57 .
Company has reported several Insider transactions to the SEC, on Jan 19, 2017, Joseph R Ianniello (Chief Operating Officer) sold 68,000 shares at 62.19 per share price.On Jan 13, 2017, David R Andelman (director) sold 2,548 shares at 62.45 per share price.On Jan 6, 2017, Linda M Griego (director) sold 15,279 shares at 65.25 per share price.
CBS Corporation is a mass media company that creates and distributes industry-leading content to audiences worldwide. CBS has businesses with origins that date back to the beginnings of broadcast as well as new ventures that operate on medias leading edge. It owns the most-watched television network in the U.S. and one of the worlds largest entertainment libraries. CBSs operations span nearly every field of media and entertainment, including cable, publishing, radio, TV, film, outdoor advertising, and interactive and socially responsible media. Its businesses include CBS Television Network, The CW (owned by CBS Corporation and Warner Bros. Entertainment), Showtime Networks, CBS Sports Network, Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS Television Studios, CBS Studios International, CBS Television Distribution, CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia. For more information, go to www.cbscorporation.com.