Stock Research Report for CBS as of 7/27/11 - Chaikin Power Tools

Page 1

Cbs Corp (CBS)

Price: $28.81

Industry: Media Chaikin Power Gauge Report | Generated: Wed Jul 27 11:30 EDT 2011 CBS Cbs Corp

$28.81

Power Gauge Rating

CBS - Neutral TM

The Chaikin Power Gauge Rating for CBS is neutral with very attractive financial metrics, very strong earnings performance, neutral price/volume activity and very positive expert opinions.

Financial Metrics

CBS's financial metrics are excellent due to a low price to sales ratio. Earnings Performance

Analysis of CBS's price/volume activity indicates deccelerating rate of change in price.

Price/Volume Activity

Despite these bullish factors, Chaikin Power Tools has identified a negative trend resulting in a neutral rating.

Expert Opinions

News Sentiment Rating

Bullish CBS Cbs Corp

July 27, 2011

TM

Chaikin Sentiment Gauge for CBS is bullish. There is currently a significant positive sentiment within news stories concerning CBS.

News Sentiment :Positive

Power Trend - 5 Year Chart

The Power Gauge distills a 20 factor model into a concise picture of a stock's potential.

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High Potential

Neutral

Low Potential

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Financials & Earnings

Financial Metrics

Financial Metrics Rating

Very Bullish

LT Debt/Equity Ratio

Price to Book Value

CBS's financial metrics are excellent. The company has high revenue per share and generates high free cash flow relative to market capitalization.

Return on Equity

The rank is based on a low price to sales ratio and relatively high cash flow.

Price to Sales Ratio

Business Value

Assets and Liabilities

Valuation

Returns

Ratio

TTM

Ratio

TTM

Ratio

TTM

Current Ratio

1.34

Price/Book

2.00

Return on Invest

6.0%

LT Debt/Equity

0.61

Price/Sales

1.37

Return on Equity

9.8%

Earnings Performance

Earnings Performance Rating

Very Bullish

Earnings Growth

CBS's earnings performance has been very strong. The company has outperformed analysts' earnings estimates and experienced superior earnings growth in the past 12 months.

Earnings Surprise

Earnings Trend

The rank is based on better than expected earnings in recent quarters, an upward trend in earnings this year and consistent earnings over the past 5 years.

Projected P/E Ratio

Earnings Consistency

5 Year Revenue and Earnings Growth

Revenue(M) Rev % Growth EPS EPS % Growth

EPS Estimates

12/06

12/07

12/08

12/09

12/10

14,320.20

14,072.90

13,950.40

13,014.60

14,059.80

-1.49%

-1.73%

-0.87%

-6.71%

8.03%

$2.17

$1.75

$-17.43

$0.34

$1.07

148.33%

-19.35%

-1,096.00%

101.95%

214.71%

EPS Surprise

Factor

Actual EPS Prev

EST EPS Current

Change

$0.47

$0.45

-0.02

Quarterly EPS Yearly EPS Factor

$1.07

$1.70

+0.63

Actual EPS Growth

Est EPS Growth

Change

-0.55%

13.62%

+14.17

3-5 year EPS

EPS Quarterly Results Estimate

Actual

Difference

% Difference

Latest Qtr

$0.19

$0.29

$0.10

52.63

1 Qtr Ago

$0.44

$0.46

$0.02

4.55

2 Qtr Ago

$0.30

$0.35

$0.05

3 Qtr Ago

$0.21

$0.25

$0.04

FY

Qtr 1

Qtr 2

Qtr 3

Qtr 4

Total

12/09

$-0.08

$0.02

$0.31

$0.09

$0.34

12/10

$-0.04

$0.22

$0.47

$0.42

$1.07

16.67

12/11

$0.30

-

-

-

-

19.05

Fiscal Year End Month is December.

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Price Trend & Expert Opinions Price/Volume Activity

Price/Volume Activity Rating

Neutral

Relative Strength vs Market

Chaikin Money Flow

Price and volume activity for CBS is neutral. CBS has outperformed the S&P 500 over 26 weeks and is in a decelerating price trend compared to 4 months ago.

Price Trend

The rank for CBS is based on its price strength versus the market, positive Chaikin money flow, a positive Chaikin price trend, a negative Chaikin price trend ROC and a decreasing volume trend.

Price Trend ROC

Volume Trend

Relative Strength vs S&P500 Index

Chaikin Money Flow

Chart shows whether CBS is performing better or worse than the market.

Chaikin Money Flow analyzes supply and demand for a company's stock.

Price Activity

Price Activity

Factor

Value

Factor

52 Week High

29.54

52 Week Low

13.25

% Change YTD Rel S&P 500

44.99%

Expert Opinions

Volume Activity Value

Factor

% Change Price - 4 Weeks

7.50%

Average Volume 20 Days

8,043,750

% Change Price - 24 Weeks

42.43%

Average Volume 90 Days

9,372,679

% Change Price - 4 Wks Rel to S&P

2.38%

% Change Price - 24 Wks Rel to S&P

40.18%

Value

Chaikin Money Flow Persistency

65%

Expert Opinions

Very Bullish

Earnings Estimate Revisions

Expert opinions about CBS are very positive. Analysts are raising their EPS estimates for CBS and insiders are net buyers of CBS's stock.

Short Interest

Insider Activity

The rank for CBS is based on analysts revising earnings estimates upward, a low short interest ratio, insiders purchasing stock, optimistic analyst opinions and price strength of the stock versus the Media industry group.

Analyst Opinions

Relative Strength vs Industry

Earnings Estimate Revisions Current Current Qtr Next Qtr

0.45 0.45 Current

Current FY

1.70

Analyst Recommendations

7 Days Ago % Change 0.45 0.45

0.00% 0.00%

30 Days Ago % Change 1.68

0.02

Factor Mean this Week Mean Last Week

EPS Estimates Revision Summary Value

Buy 0.00

Mean 5 Weeks Ago

Buy

Last 4 Weeks

Down

Up

Down

Curr Qtr

1

0

6

0

Curr Yr

4

0

7

0

Next Qtr

3

0

4

0

Next Yr

4

0

5

1

Buy

Change

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Last Week Up

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The Company & Its Competitors

News Headlines for CBS

CBS's Competitors in Media Company

Power Gauge

Historic EPS growth

Projected EPS growth

Profit Margin

PEG

PE

Revenue(M)

CBS

-0.55%

13.62%

6.78%

1.25

21.33

14,060

DIS

3.66%

13.36%

11.15%

1.19

17.69

38,063

TWX

-6.67%

13.97%

9.20%

0.95

15.48

26,888

VIA.B

9.62%

13.67%

11.62%

1.03

16.00

9,337

PSO

3.34%

2.89%

-

5.10

-

8,755

CBS NewPres Acquires 03 04 - Mar 4, 2011 Jim Lanzone Named President of CBS Interactive - Mar 4, 2011 Time Warner Raises Dividend as Earnings Beat Forecast - Feb 3, 2011 Cable fracas could bar fans from seeing bowl games - Dec 31, 2010 CBS Corporation Announces $1.5 Billion Share Repurchase Program - Nov 4, 2010

Company Details

Company Profile

CBS CORP 51 WEST 52ND STREET 35TH FLOOR NEW YORK, NY 10019 USA Phone: 2129754321 Fax: 212-258-6358 Website: http://http://www.cbscorporation.co m Full Time Employees: 25,380 Sector: Consumer Discretionary

CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and UPN), cable television (Showtime), local television (CBS Television Stations), television production and syndication (CBS Paramount Television and King World), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), theme parks (Paramount Parks), digital media (CBS Digital Media Group and CSTV Networks) and consumer products (CBS Consumer Products).

Power Gauge Ratings are created using a relative ranking system that assigns a rank of 0 to 100 (100 being the highest) to each stock in the universe. Rank is calculated by evaluating each of the stocks factors and combining them into a single number using a weighting formula. A stock's rank ranges from 100-0, where 100 is the strongest, and a rank of 95 indicates the stock is better than 95% of the stocks in the universe. Chaikin Stock Research(CSR) is not registered as a securities broker dealer or investment advisor with either the U.S. Securities and Exchange Commission or with any state securities regulatory authority. CSR is not responsible for trades executed by users of this research report, our web site or mobile app based on the information included herein. The information presented in this report does not represent a recommendation to buy or sell stocks or any financial instrument nor is it intended as an endorsement of any security or investment. The information in this report is generic by nature and is not personalized to the specific financial situation of any individual. The user bears complete responsibility for their own investment research and should seek the advice of a qualified investment professional before making any investment decisions. Copyright (c) 1978-(Present) by ZACKS Investment Research, Inc ("ZACKS"). The information, data, analyses and opinions contained herein (1) includes the confidential and proprietary information of ZACKS, (2) may not be copied or redistributed, for any purpose, (3) does not constitute investment advice offered by ZACKS, (4) are provided solely for informational purposes, and (5) are not warranted or represented to be correct, complete, accurate or timely. ZACKS shall not be responsible for investment decisions, damages or other losses resulting from, or related to, use of this information, data, analyses or opinions. Past performance is no guarantee of future performance. ZACKS is not affiliated with Chaikin Power Tools. This report from Chaikin Power Tools is for informational purposes only and is not a recommendation to buy or sell securities.

LM 2.3 DS 3.0 LS 2.1

Data Provided by ZACKS Investment Research, Inc., www.zacks.com

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