Stocks on the Move: CBS Corporation (NYSE:CBS) & Third Point Reinsurance Ltd. (NYSE:TPRE)

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CBS Corporation (NYSE:CBS)

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 media’s leading edge. It owns the most-watched television network in the U.S. and one of the world’s largest entertainment libraries. CBS’s 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 http://www.cbscorporation.com.

CBS Corporation (NYSE:CBS)’s Financial Overview

CBS Corporation (NYSE) surged 0.6% yesterday to close its trading session at $48.38. The company has 1 year Price Target of $63.64. CBS Corporation has 52-Week high of $59.59 and 52-Week Low of $41.38. The stock touched its 52-Week High on 59.59 and 52-Week Low on 41.38. The stock traded with the volume of 3.19 Million shares yesterday. The firm shows the market capitalization of $17.95 Billion.

CBS Corporation (NYSE) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $1.24/share against the analyst consensus estimate of $1.22/share. The difference between the actual and expected EPS is $0.02 a share with a surprise factor of 1.6%.

The firm is trading with SMA20 of -1.42 Percent, SMA50 of 0.1 Percent and SMA200 of -8.76 percent. CBS Corporation has P/S value of 1.25 while its P/B value stands at 7.22. Similarly, the company has Return on Assets of 6.6 percent, Return on Equity of 62.9 percent and Return on Investment of 17.7 Percent. The company shows Gross Margin and Operating Margin of 37.5 percent and 16.8 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.3 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 27 analysts offering 12-month price forecasts for CBS Corp have a median target of 64.00, with a high estimate of 95.00 and a low estimate of 49.20. The median estimate represents a +32.29% increase from the last price of 48.38.

CBS Corporation is expected* to report earnings on 02/14/2019 after market close. The report will be for the fiscal Quarter ending Dec 2018. According to Zacks Investment Research, based on 27 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.53. The reported EPS for the same quarter last year was $1.15.

Third Point Reinsurance Ltd. (NYSE:TPRE)

Third Point Reinsurance Ltd. is a property and casualty reinsurance company. The Company operates in two segments: Property and Casualty Reinsurance and Catastrophe Risk Management. Third Point engages in underwriting property, auto, workers compensation, and crop quota share contracts for insurance and reinsurance companies. It also underwrites property catastrophe exposures and writes excess of loss catastrophe reinsurance. Third Point Reinsurance Ltd. is based in Bermuda.

Third Point Reinsurance Ltd. (NYSE:TPRE)’s Financial Outlook

The 3 analysts offering 12-month price forecasts for Third Point Reinsurance Ltd have a median target of 14.00, with a high estimate of 14.00 and a low estimate of 12.00. The median estimate represents a +25.34% increase from the last price of 11.17.

Third Point Reinsurance Ltd. is estimated to report earnings on 02/27/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $-3.06. The reported EPS for the same quarter last year was $0.41.

According to Zacks Investment Research, Third Point Reinsurance Ltd. has a Consensus Recommendation of 2. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 2.01% and closed its last trading session at $11.17. The company has the market capitalization of $1.05 Billion. The stock has 52-week high of $14.9 and 52-Week low of $8.85. The firm touched its 52-Week high on 14.90 and 52-Week low on 8.85. The company has volume of 711791 shares. The company has a total of 93.91 Million shares outstanding.

Third Point Reinsurance Ltd. (NYSE) in the last quarter reported its actual EPS of $-0.14/share where the analyst estimated EPS was $-0.23/share. The difference between the actual and Estimated EPS is $0.09. This shows a surprise factor of 39.1 percent.

The company has YTD performance of 15.87 percent. Beta for Third Point Reinsurance Ltd. stands at 1.02 while its ATR (average true range) is 0.25. The company has Weekly Volatility of 2.10%% and Monthly Volatility of 2.23%%.

Third Point Reinsurance Ltd. has distance from 20-day Simple Moving Average (SMA20) of 6.35%, Distance from 50-Day Simple Moving Average of 11.03 percent and Distance from 200-Day Simple Moving Average of -6.98%.

The Company currently has ROA (Return on Assets) of 0.6 percent, Return on Equity (ROE) of 1.6 Percent and Return on Investment (ROI) of 17.6% with Gross margin of 0 percent and Operating & Profit margin of 8.2% and 3.9% respectively.

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