Shares of Cabelas Inc (NYSE:CAB) have received a consensus recommendation of “Hold” from the twelve ratings firms that are currently covering the stock. Nine analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $60.50.

A number of analysts have commented on CAB shares. Stifel Nicolaus boosted their price target on shares of Cabelas from $51.00 to $59.00 and gave the company a “hold” rating in a research note on Tuesday, April 18th. Vetr lowered shares of Cabelas from a “strong-buy” rating to a “buy” rating and set a $60.00 target price for the company. in a research note on Monday, April 17th. Zacks Investment Research lowered shares of Cabelas from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 1st. Forward View set a $60.00 target price on shares of Cabelas and gave the stock a “buy” rating in a research note on Sunday, February 19th. Finally, Northcoast Research reiterated a “buy” rating on shares of Cabelas in a research note on Thursday, March 2nd.

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Institutional investors have recently bought and sold shares of the stock. Investment Centers of America Inc. raised its position in Cabelas by 0.8% in the first quarter. Investment Centers of America Inc. now owns 5,237 shares of the company’s stock valued at $278,000 after buying an additional 40 shares during the last quarter. Physicians Financial Services Inc. raised its position in Cabelas by 4.8% in the third quarter. Physicians Financial Services Inc. now owns 2,200 shares of the company’s stock valued at $120,000 after buying an additional 100 shares during the last quarter. Liberty Mutual Group Asset Management Inc. raised its position in Cabelas by 0.5% in the first quarter. Liberty Mutual Group Asset Management Inc. now owns 23,140 shares of the company’s stock valued at $1,229,000 after buying an additional 114 shares during the last quarter. Advantus Capital Management Inc raised its position in Cabelas by 3.1% in the first quarter. Advantus Capital Management Inc now owns 6,579 shares of the company’s stock valued at $349,000 after buying an additional 196 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund raised its position in Cabelas by 1.1% in the first quarter. Oregon Public Employees Retirement Fund now owns 18,041 shares of the company’s stock valued at $958,000 after buying an additional 200 shares during the last quarter. Institutional investors own 72.34% of the company’s stock.

Shares of Cabelas (NYSE:CAB) opened at 52.77 on Monday. The firm has a market cap of $3.64 billion, a PE ratio of 25.39 and a beta of 0.66. Cabelas has a 52 week low of $45.00 and a 52 week high of $63.60. The firm has a 50-day moving average of $54.89 and a 200-day moving average of $55.42.

Cabelas (NYSE:CAB) last announced its quarterly earnings results on Thursday, May 4th. The company reported $0.40 EPS for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.04. The business had revenue of $834.90 million during the quarter, compared to analyst estimates of $848.09 million. Cabelas had a net margin of 3.99% and a return on equity of 10.23%. Cabelas’s quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.43 EPS. On average, analysts expect that Cabelas will post $2.77 EPS for the current year.

Cabelas Company Profile

Cabela’s Incorporated is an omni-channel retailer of hunting, fishing, camping, shooting sports and related outdoor merchandise. The Company offers its customers a selection of national and regional brand products, including its Cabela’s brand. The Company’s segments include Merchandising and Financial Services.

12 Month Chart for NYSE:CAB

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