(CISG) CNinsure, Inc. – Year-Over-Year Growth Rates are Expected to be 45%

November 30th, 2009

CNinsure Inc. (CISG) is volatile but has posted great returns since being featured as a Zacks Rank Buy in late October.

More Revisions

Analysts continue to raise estimates for the Chinese Insurance company. In the past 30 days, 4 upward revisions were submitted by the 3 covering analysts.

The Zacks Consensus Estimate for this year is now 88 cents, up from 82 cents over the past 2 months. Next year’s forecasts are averaging $1.04, up from 95 cents.

Excellent Growth

After the revisions, the year-over-year growth rates are expected to be 45% this year, followed by 18% in 2010.

Valuation

While the P/E ratios are still a bit high, about 25 time forward earnings, the PEG ratio is a solid 0.9 times. China has boomed this year so getting the growth at a reasonable price (GARP) is key.

The Chart

Shares of CISG have been volatile, but the Oct 30th feature took advantage used a sell off to get in at a great price. The arrow below is when the piece was written.

Bill Wilton is the Growth Stock Strategist for Zacks.com. He is also the Editor in charge of the market-beating Zacks Growth Trader service

Zacks Investment Research

More on this topic (What's this?)
Bookkeeping: Selling Off Much of CNinsure (CISG) Post Earnings (Fund my Mutual Fund, 11/24/09)
Quicknote on Position (Centrifugal Deforest, 1/13/10)
CNinsure (CISG): The 'king of China's insurance industry' (Blogging Stocks, 11/17/09)
Bookkeeping: Adding to CNinsure (CISG) (Fund my Mutual Fund, 11/16/09)
Read more on Cninsure Inc Adr at Wikinvest

Related Posts:

  1. (CISG) CNinsure Inc. – Rapid Growth in Hot Chinese EconomyCNinsure Inc. (CISG) is poised for growth in a red hot Chinese economy. Company Description...
  2. (MED) Medifast – expecting 51.35% year-over-year earnings growth in 2009Medifast, Inc. (MED) announced on Dec 16 that it would exceed previously announced revenue guidance...
  3. (CYBX) Cyberonics Inc – current consensus estimates are projecting year-over-year growth of 190% for fiscal 2009Cyberonics Inc. (CYBX) has been consistently surprising analysts by wide margins. With attractive valuations and...
  4. (FSLR) – First Solar – annual growth rates for 2008 are currently 138%First Solar, Inc. (FSLR) has announced an expansion of its Ohio plant. A Zacks Analyst...
  5. (FSLR) – First Solar – annual growth rates for 2008 are currently 138%First Solar, Inc. (FSLR) has announced an expansion of its Ohio plant. A Zacks Analyst...
  6. (FSLR) – First Solar – annual growth rates for 2008 are currently 138%First Solar, Inc. (FSLR) has announced an expansion of its Ohio plant. A Zacks Analyst...


Search Posts by Tag: | | Financial | Insurance Brokers

RSS Feeds by Tag: CISG | Cninsure Inc. | Financial | Insurance Brokers |

Other Posts by: | RSS Feed for this author