Is It Time To Be Bullish On CBL & Associates Properties, Inc (CBL)?

Wall Street analysts will be watching closely when CBL & Associates Properties, Inc (NYSE:CBL) reports its quarterly earnings next, which is scheduled for Thu 25 Apr (In 72 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.37 per share. In the preceding quarter, the company reportedly generated EPS of $0.45 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 22.50%, a profit margin of -2.50% and a gross margin of 70.80%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of CBL & Associates Properties, Inc (NYSE:CBL). Most recently, on December 19th, 2018, JP Morgan Downgrade a Underweight rating. Before that, on December 21st, 2017, Jefferies Downgrade to Underperform. Raymond James Downgrade a Underperform rating on December 20th, 2017, Citigroup Downgrade an Sell rating on December 14th, 2017, and Jefferies Downgrade a Hold rating on November 6th, 2017.

At its current price point, combined with the fact that this company has 167.52M shares outstanding, the current market capitalization sits at 375.24M. In the last trading day, 3,674,871 shares of CBL & Associates Properties, Inc were traded, which compares to its usual volume of about 2.98M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$0.24 in the past five trading days, resulting in a percentage change of -9.68% and a moving average of 2.35. In the past 20 days, its price changed by $0.03 (which is +1.36%) and the stock’s moving average was 2.37. Looking back a full 50 days, shares of CBL changed by -$0.38 (which is -14.50%) and demonstrated a moving average of 2.30.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 30.10%, a 14-day Stochastic %K score of 33.17% and a 20-day Stochastic %K score of 42.07%. Using a similar metric, CBL & Associates Properties, Inc (CBL) shares showed a Stochastic %D of 27.98% over the past 9 days, a Stochastic %D score of 33.85% over the last 14 days, and a 20-day Stochastic %D of 45.77%. Meanwhile, this stock’s MACD Oscillator was -0.06 over the past 9 days, -0.05 over the past two weeks, and -0.03 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $2.24 level. Over the past 12 months, this stock has experienced a high price of $6.26 and a low of $1.79. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

BlackRock Fund Advisors purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from CBL & Associates Properties, Inc (NYSE:CBL) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 26,009,093 shares of the company’s stock following the addition of 408,449 to this investor’s holdings during the three-month period. This share count represents that BlackRock Fund Advisors now held 15.06% stake in CBL & Associates Properties, Inc (CBL)’s shares.

Just in the most recent trading day, CBL & Associates Properties, Inc (NYSE:CBL) experienced a high price of $2.44 and low point of $2.2. At the end of the last trading session, this stock was at 2.24 per share, following a loss of -$0.01, or -8.57% during the full day.