Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. The stock is expected to report revenue as high as $546.18M and as low as $411.8M per share.
EPS in next five year years is expected to touch 62.45% while EPS growth in past 5 year was -38.80% along with sales growth of 3.40% in the last five years. The company is scheduled to report its next earnings results on Thursday, August 3rd. Similarly, full-year sales forecasts have ranged between $1.8B and $2.07B.
EPS growth in next year is estimated to reach 30.57% while EPS growth estimate for this year is set at -231.70%.
Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. The oil and gas company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.23 by $0.08.
Cabot Oil & Gas Co. The business had revenue of $517.80 million during the quarter, compared to analyst estimates of $464.45 million. ↪ Both COG and CXO have negative earnings over the previous year.
Cabot Oil & Gas Co. has a one year low of $20.02 and a one year high of $26.74.
A number of research analysts recently commented on the stock. The shares were sold at an average price of $24.12, for a total transaction of $90,136.44. TheStreet raised shares of Cabot Oil & Gas Co. from a "d+" rating to a "c" rating in a research report on Friday, April 28th.
Cabot Oil & Gas Corporation has a higher fundamental rating than Concho Resources Inc which has an impact on the head-to-head comparison. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The company has an average rating of "Hold" and an average target price of $26.20.
Several institutional investors have recently modified their holdings of the stock. State of Alaska Department of Revenue increased its position in shares of Unit by 2.3% in the first quarter. Company insiders own 1.80% of the company's stock. Finally, Municipal Employees Retirement System of MI increased its position in shares of Unit by 1.4% in the third quarter. BofA/Merrill raised its rating on Cabot Oil & Gas Corporation to Neutral on 11/05/2017 in a reversal from its prior Underperform rating.
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 4.2%, and has a solid year to date (YTD) performance of 4.29% which means the stock is constantly adding to its value from the previous fiscal year end price. Cleararc Capital Inc. boosted its position in Cabot Oil & Gas Co.by 2.9% in the first quarter. Finally, Mason Street Advisors LLC increased its position in shares of Unit by 7.4% in the first quarter. Institutional investors and hedge funds own 95.56% of the company's stock.
In other Cabot Oil & Gas Co. news, insider Todd M. Roemer sold 3,737 shares of the stock in a transaction on Friday, May 5th. The firm has a 50 day moving average of $24.10 and a 200 day moving average of $22.84. The company's market capitalization is $11.33 billion. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and global trademark & copyright law. Additionally, the content on this site does not represent the views of Petro Global News 24 and is exclusively a representation of the authors who publish them. Sumitomo Mitsui Asset Management Company LTD now owns 36,500 shares of the oil and gas exploration company's stock valued at $941,000 after buying an additional 117 shares during the last quarter. We will compare the two companies on revenue growth, earnings, revenue per employee, operating margins, free cash flow and valuation. The Company operates in the segment of natural gas and oil development, exploitation, exploration and production, in the continental United States. It is primarily engaged in the exploration, development, acquisition, and production of oil and natural gas properties, the land contract drilling of natural gas and oil wells, and the buying, selling, gathering, processing and treating of natural gas.