Does Earnings Surprise History Hold Any Clue for CNFinance Stock Forecast, Price & News (NYSE:CNF)

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Earnings results for CNFinance Stock Forecast, Price & News (NYSE:CNF)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at -0.08 and remained the same over the past month at -0.08. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at -0.2 and remained the same over the past month at -0.2 . none raised and none lowered their forecast.

CNFinance last posted its quarterly earnings results on May 26th, 2020. The reported ($0.14) earnings per share (EPS) for the quarter. The business earned $47.04 million during the quarter. CNFinance has generated $1.04 earnings per share over the last year and currently has a price-to-earnings ratio of 5.8. CNFinance has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 18th, 2020 based off prior year’s report dates.

Analyst Opinion on CNFinance Stock Forecast, Price & News (NYSE:CNF)

1 Wall Street analysts have issued ratings and price targets for CNFinance in the last 12 months. Their average twelve-month price target is $5.50, predicting that the stock has a possible upside of 52.78%. The high price target for CNF is $5.50 and the low price target for CNF is $5.50. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

CNFinance has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $5.50, CNFinance has a forecasted upside of 52.8% from its current price of $3.60. CNFinance has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: CNFinance Stock Forecast, Price & News (NYSE:CNF)

CNFinance does not currently pay a dividend. CNFinance does not have a long track record of dividend growth.

Insiders buying/selling: CNFinance Stock Forecast, Price & News (NYSE:CNF)

In the past three months, CNFinance insiders have not sold or bought any company stock. Only 0.78% of the stock of CNFinance is held by institutions.

Earnings and Valuation of CNFinance Stock Forecast, Price & News (NYSE:CNF

Earnings for CNFinance are expected to grow in the coming year, from ($0.20) to $0.71 per share. The P/E ratio of CNFinance is 5.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.56. The P/E ratio of CNFinance is 5.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.59. CNFinance has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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