Cabela’s Inc (NYSE:CAB) – Equities researchers at DA Davidson lowered their Q4 2017 EPS estimates for Cabela’s in a report issued on Thursday. DA Davidson analyst A. Burns now forecasts that the company will earn $0.99 per share for the quarter, down from their prior estimate of $1.00. DA Davidson has a “Neutral” rating and a $61.50 price objective on the stock.

Several other equities analysts have also commented on the stock. Zacks Investment Research lowered shares of Cabela’s from a “hold” rating to a “sell” rating in a research report on Friday. BidaskClub lowered shares of Cabela’s from a “sell” rating to a “strong sell” rating in a research report on Monday, July 31st. Northcoast Research downgraded shares of Cabela’s from a “buy” rating to a “neutral” rating in a report on Wednesday, July 5th. Stifel Nicolaus set a $59.00 price objective on shares of Cabela’s and gave the stock a “hold” rating in a report on Saturday, July 1st. Finally, Vetr downgraded shares of Cabela’s from a “strong-buy” rating to a “buy” rating and set a $60.00 price objective for the company. in a report on Monday, April 17th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. Cabela’s currently has a consensus rating of “Hold” and an average price target of $63.93.

ILLEGAL ACTIVITY WARNING: This news story was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of international trademark and copyright laws. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/08/07/research-analysts-offer-predictions-for-cabelas-incs-q4-2017-earnings-cab.html.

Shares of Cabela’s (NYSE CAB) opened at 52.34 on Monday. Cabela’s has a 52 week low of $45.00 and a 52 week high of $63.60. The firm has a market cap of $3.61 billion, a PE ratio of 25.19 and a beta of 0.14. The company has a 50 day moving average of $58.38 and a 200 day moving average of $53.85.

Cabela’s (NYSE:CAB) last released its earnings results on Thursday, August 3rd. The company reported $0.53 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by $0.04. Cabela’s had a return on equity of 8.60% and a net margin of 3.29%. The firm had revenue of $890.40 million during the quarter, compared to analyst estimates of $906.06 million. During the same quarter last year, the business posted $0.59 EPS. The firm’s revenue was down 4.2% on a year-over-year basis.

A number of large investors have recently bought and sold shares of the company. Investment Centers of America Inc. increased its stake in shares of Cabela’s by 0.8% in the first quarter. Investment Centers of America Inc. now owns 5,237 shares of the company’s stock worth $278,000 after buying an additional 40 shares during the last quarter. Creative Planning increased its stake in shares of Cabela’s by 0.8% in the second quarter. Creative Planning now owns 5,596 shares of the company’s stock worth $333,000 after buying an additional 47 shares during the last quarter. Liberty Mutual Group Asset Management Inc. increased its stake in shares of Cabela’s by 0.5% in the first quarter. Liberty Mutual Group Asset Management Inc. now owns 23,140 shares of the company’s stock worth $1,229,000 after buying an additional 114 shares during the last quarter. Capstone Asset Management Co. increased its stake in shares of Cabela’s by 4.4% in the second quarter. Capstone Asset Management Co. now owns 4,303 shares of the company’s stock worth $256,000 after buying an additional 180 shares during the last quarter. Finally, Advantus Capital Management Inc increased its stake in shares of Cabela’s by 3.1% in the first quarter. Advantus Capital Management Inc now owns 6,579 shares of the company’s stock worth $349,000 after buying an additional 196 shares during the last quarter. 57.82% of the stock is owned by institutional investors and hedge funds.

About Cabela’s

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.

Receive News & Ratings for Cabela's Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cabela's Inc and related companies with MarketBeat.com's FREE daily email newsletter.