Shares of CST Brands, Inc. (NYSE:CST) have received a consensus recommendation of “Hold” from the ten brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation and eight have given a hold recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $45.88.
A number of equities analysts have recently issued reports on CST shares. Jefferies Group LLC set a $49.00 price objective on shares of CST Brands and gave the company a “hold” rating in a research note on Wednesday, April 19th. BidaskClub upgraded shares of CST Brands from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 17th.
Several institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. acquired a new position in CST Brands during the fourth quarter worth about $295,000. Allianz Asset Management AG increased its position in CST Brands by 2.9% in the fourth quarter. Allianz Asset Management AG now owns 744,680 shares of the specialty retailer’s stock worth $35,856,000 after buying an additional 20,841 shares in the last quarter. Vivaldi Capital Management LLC acquired a new position in CST Brands during the first quarter worth about $4,761,102,000. CNH Partners LLC increased its position in CST Brands by 6.5% in the fourth quarter. CNH Partners LLC now owns 3,187,483 shares of the specialty retailer’s stock worth $153,477,000 after buying an additional 193,619 shares in the last quarter. Finally, Teachers Advisors LLC increased its position in CST Brands by 8.1% in the fourth quarter. Teachers Advisors LLC now owns 79,253 shares of the specialty retailer’s stock worth $3,816,000 after buying an additional 5,939 shares in the last quarter. Hedge funds and other institutional investors own 85.73% of the company’s stock.
CST Brands (CST) traded up 0.21% during mid-day trading on Tuesday, reaching $48.36. The company’s stock had a trading volume of 790,641 shares. CST Brands has a one year low of $40.43 and a one year high of $48.52. The firm’s 50 day moving average is $48.37 and its 200-day moving average is $48.28. The stock has a market cap of $3.67 billion, a P/E ratio of 11.99 and a beta of 1.04.
CST Brands (NYSE:CST) last issued its earnings results on Monday, May 8th. The specialty retailer reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by $0.09. The company had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.45 billion. CST Brands had a return on equity of 5.70% and a net margin of 3.17%. The business’s revenue was up 16.4% compared to the same quarter last year. During the same period last year, the business posted $0.24 earnings per share. Equities analysts expect that CST Brands will post $1.60 earnings per share for the current fiscal year.
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About CST Brands
CST Brands, Inc (CST) is a holding company. The Company is an independent retail of motor fuel and convenience merchandise in the United States and eastern Canada. Its segments include U.S. Retail, Canadian Retail and CrossAmerica. As of December 31, 2016, its U.S. Retail segment had 1,167 Company-operated retail sites located in Arkansas, Arizona, Colorado, Florida, Georgia, Louisiana, New Mexico, New York, Oklahoma and Texas.
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