CST Brands Director Purchases $34,890 in Stock (CST)
CST Brands (NYSE:CST) Director William G. Moll purchased 1,000 shares of the company’s stock on the open market in a transaction dated Thursday, August 14th. The stock was purchased at an average price of $34.89 per share, with a total value of $34,890.00. Following the purchase, the director now directly owns 9,234 shares in the company, valued at approximately $322,174. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of CST Brands (NYSE:CST) opened at 34.74 on Monday. CST Brands has a 52-week low of $28.91 and a 52-week high of $38.66. The stock has a 50-day moving average of $33.90 and a 200-day moving average of $32.38. The company has a market cap of $2.627 billion and a price-to-earnings ratio of 22.20.
CST Brands (NYSE:CST) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.43 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.49 by $0.06. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.22 billion. On average, analysts predict that CST Brands will post $1.62 earnings per share for the current fiscal year.
CST has been the subject of a number of recent research reports. Analysts at Mizuho raised their price target on shares of CST Brands from $34.00 to $37.00 in a research note on Friday, August 8th. They now have a “neutral” rating on the stock. Separately, analysts at Credit Suisse upgraded shares of CST Brands from an “underperform” rating to a “neutral” rating in a research note on Friday, August 8th. They now have a $35.00 price target on the stock, up previously from $29.00. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of CST Brands from $29.00 to $28.00 in a research note on Tuesday, August 5th. They now have a “neutral” rating on the stock. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. CST Brands has an average rating of “Hold” and an average target price of $34.50.
CST Brands, Inc is a retailer of transportation fuels and convenience goods in North America. As of April 30, 2013, the Company operated 1,032 Corner Stores throughout the United States, including Texas, Louisiana, Arkansas, Oklahoma, New Mexico, Colorado, Wyoming, Arizona and California.
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