Cabot Oil & Gas Corporation (NYSE:COG) shares traded -3.65% during the most recent session the stock exchanged hands 11.87M shares versus average trading capacity of 6.21M shares, yielding a market cap of $10.34B. Wall Street analysts covering the stock are projecting that the stock will reach $29.06 within the next 52-weeks. The mean target projections are based on 31 opinions, the mean target was last revised on 04/28/17.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Cabot Oil & Gas Corporation (NYSE:COG) high price target of $40.00 and with a conservative view have low price target of $24.00 with a standard deviation of $2.76. If seeing target price from optimistic overview then it has a 72 percent upside potential from the latest closing price of $23.24.
Cabot Oil & Gas Corporation (NYSE:COG) received “Downgrade” rating by Raymond James in a research note issued to investors on Apr-21-17 from Strong Buy to Outperform.
Additionally on Feb-28-17 Cabot Oil & Gas Corporation (NYSE:COG) was “Downgraded” by Bernstein from Outrperform to Mkt Perform and on Feb-06-17 the stock was “Upgraded” by Susquehanna from Neutral to Positive. Furthermore on Feb-06-17 the stock was “Upgraded” by JP Morgan from Neutral to Overweight.
On the other hand the company has Relative Strength Index (RSI 14) of 43.35 along with Average True Range (ATR 14) of 0.70, Consequently Cabot Oil & Gas Corporation (NYSE:COG) weekly and monthly volatility is 3.74%, 2.84% respectively. The company’s beta value is at 0.68.
In terms of Buy, Sell or Hold recommendations, Cabot Oil & Gas Corporation (NYSE:COG) has an analysts’ mean recommendation of 2.20. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Previously Cabot Oil & Gas Corporation (NYSE:COG) reported $0.17 earnings per share (EPS) for the quarter on 4/28/2017 Before Market Open, beating the consensus estimate of $0.14 by $0.03. The company posted an earnings surprise of 21.43%.
While considering growth estimates of the company, it has next quarter growth estimates of 285.70% whereas during current quarter it has 223.10% estimations over growth, comparing to the estimations of 395.20% during current year and 30.60% for next year. Past 5 years growth of Cabot Oil & Gas Corporation (NYSE:COG) observed at -15.88%, looking forward for the next 5 years it has a strong prediction of 63.10% over growth.
Cabot Oil & Gas Corporation (NYSE:COG) revenue estimates for the current quarter are $462.82M according to 20 number of analysts, for the current quarter the company has high revenue estimates of $488.9M in contradiction of low revenue estimates of $424.49M. For the current year the company’s revenue estimates are $1.86B compared to low analyst estimates of $1.62B and high estimates of $2.12B according 24 number of analysts.
Currently Cabot Oil & Gas Corporation (NYSE:COG) shares owned by insiders are 1.30%, whereas shares owned by institutional owners are 96.60%. However the six-month change in the insider ownership was recorded 0.00%, as well as three-month change in the institutional ownership was recorded -0.03%.
Cabot Oil & Gas Corporation (NYSE:COG) trading -12.93% away from its 52 week high of $26.69 and +16.30% far from the stock’s low point over the past 52 weeks, which was $19.98. The stock hit its 52-week high on 09/09/16, and 52-week low on 11/04/16.The company’s trailing twelve month income is -417.10M dollars and is paying 0.34% dividend yield annually.
Cabot Oil & Gas Corporation (NYSE:COG) trailing twelve month revenues are $1.16B, whereas its price to sales ratio for the same period is 9.35. Its book value per share for the most recent quarter is $5.52 while its price to book ratio for the same period is 4.21, as for as the company’s cash per share for the most recent quarter is $1.07, however its price to cash per share ratio for the same period is 21.69. The stock has a current PEG ratio of 0.62 where as its trailing twelve month P/E ratio is -25.45.