CBS Corporation (CBS) Stock: Is This Service Sector Stock Worth Your Consideration?

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CBS Corporation (CBS) is working its way for to the top in the market today. The stock, one that is focused in the service sector, is currently trading at $45.06 after a move up of -2.26% so far today. When it comes to service sector stocks, there are a number of factors that have the potential to lead to gains in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines relating to CBS:

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Mar-22-19 07:06PM Viacom, AT&T negotiations weigh on possible CBS tie-up – sources
Mar-19-19 04:46PM Unusual ‘Bachelor’ finale pays off for ABC in ratings race
12:04PM The Zacks Analyst Blog Highlights: NIKE, Under Armour, CBS, AT&T and Domino’s
Mar-18-19 11:26AM Rapper and ‘The Talk’ co-host Eve’s advice for women in male-dominated industries
08:56AM 5 Stocks to Make the Most of the Big Dance

Nonetheless, any time investors are making a decision to invest, prospective investors should take a look at much more than just news, especially in the ever highly complex service sector. Here’s what’s happening in regard to CBS Corporation.

Returns That CBS Investors Have Seen

Although a single session gain, like the move that we’re seeing from CBS Corporation might cause fear in some investors, a single session fall by itself shouldn’t be the reason for a decision to, or not to, invest in a stock. It is always smart to take a look at trends experienced by the stock further out than a single session. As it relates to CBS, here are the trends that investors have seen:

  • Past Seven Days – Over the last five trading sessions, CBS has generated a price change in the amount of -5.53%.
  • Past Month – The monthly performance from CBS Corporation works out to -11.51%.
  • Past Quarter – Over the last three months, the stock has produced a return on investment that works out to -0.68%
  • Bi-Annually – Over the past six months, investors have seen a change that works out to -19.49% from the stock.
  • Year To Date – Since the the last trading session of last year CBS has produced a ROI of 3.06%.
  • Annually – Finally, throughout the last year, investors have seen a change that comes to -11.42% out of CBS. Throughout this period of time, the stock has sold at a high of -24.38% and a low price of 8.89%.

Ratios That Are Notable

Digging into various ratios associated with a company generally gives prospective traders an understanding of how risky and/or potentially profitable a an investment option might be. Below are some of the most important ratios to consider when looking at CBS.

Short Ratio – The short ratio is a tool that’s used by investors to measure the amount of short interest. As the short ratio heads up, it means that more investors have a belief that the stock is headed for the top. In general, strong service stocks tend to have a lower short ratio. On the other hand, we tend to see a lot of short squeezes in the space. Nonetheless, in relation to CBS Corporation, it’s short ratio comes to 2.46.

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Basically, they measure whether or not a company can pay for its debts as they mature using current assets or quick assets. come with positive quick and current ratios. When it comes to CBS, the quick and current ratios add up to 1.00 and 1.50 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets owned by the company. In this case, the book to share value ratio comes in at 7.50.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value ratio is 0.85.

Smart Money Follows Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in CBS, here’s what we’re seeing:

  • Institutional Investors – Currently, institutions hold 82.80% of the company. On the other hand, it’s important to note that institutional ownership has changed in the amount of -0.62% throughout the past 3 months.
  • Insider Moves – as it relates to insiders, those close to the company currently own 0.30% of CBS Corporation. Insider ownership of the company has seen a change of -4.11% throughout the last 3 months.

How Analysts Feel About CBS Corporation

While it’s not a good idea to unknowingly follow the thoughts of analysts, it is a smart idea to use their opinions to validate your own opinions when it comes to making an investment decision in the service industry. Below are the recent moves that we have seen from analysts with regard to CBS.

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Feb-19-19 Reiterated Imperial Capital Outperform $75 → $72
Feb-11-19 Downgrade Atlantic Equities Overweight → Neutral $56
Jan-17-19 Upgrade MoffettNathanson Neutral → Buy
Jan-02-19 Upgrade Stephens Equal-Weight → Overweight
Nov-29-18 Resumed Goldman Neutral $59

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $6.57. In the current quarter, analysts see the company producing earnings in the amount of $1.40. Over the last 5 years, CBS has generated revenue in the amount of $0.70% with earnings coming in at 12.40%. On a quarter over quarter basis, earnings have seen movement of 241.60% and revenue has seen movement of 2.60%.

Looking At Share Counts

Traders seem to like to know the counts of shares both available and outstanding. As far as CBS Corporation, there are currently 377.26M and there is a float of 341.22M. This means that of the total of 377.26M shares of CBS that are out there today, 341.22M are able to be traded on the public market.

I also like to look at the short percentage of the float. Think about it, when a large portion of the float is sold short, the overall opinion among investors is that the equity is going to fall. When it comes to CBS, the percentage of the float that is currently being sold short is 2.29%. In general, concerning short percent of the float would be any percentage over 40%. In my research, I have seen that any short ratio over 26% is generally a a play that could prove to be very risky.

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