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Published: Mon, May 01, 2017
Economy | By Melissa Porter

Cabot Oil & Gas Corporation (NYSE:COG) Future Growth Projections From Analysts


Cabot Oil & Gas Co. had a negative return on equity of 4.68% and a negative net margin of 21.03%. Over the past twelve months, Cabot Oil & Gas Corporation (NYSE:COG)'s stock was 3.35%. The 1-year High price of the stock is $26.69, while the 1-year low price is $19.98. The Lower end of the earnings estimate is $0.02, while the higher end of the earnings estimate is $0.24. After a recent check, company stock has been trading near the $24.16 mark.

Many analysts are providing their Estimated Earnings analysis for Cabot Oil & Gas Corporation and for the current quarter 30 analysts have projected that the stock could give an Average Earnings estimate of $0.16/share. Jefferies Group LLC reissued a "hold" rating and issued a $24.00 price objective on shares of Cabot Oil & Gas Co.in a research note on Tuesday, April 18th.

Cabot Oil & Gas Corporation (COG) now has a Return on Assets (ROA) value of -7.6 Percent. Barclays Capital downgraded the stock to "Equal Weight" rating in Monday, January 11 report. Equity research analysts have forecasted the stock level.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 1.7 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. Sanford C. Bernstein lowered shares of Cabot Oil & Gas Co. from an "outperform" rating to a "market perform" rating in a research report on Tuesday.

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Cabot Oil & Gas Corporation (NYSE:COG), from Basic Materials sector has been performing well.

Looking at the chart above, COG's low point in its 52 week range is $20.02 per share, with $26.74 as the 52 week high point - that compares with a last trade of $23.28. Tortoise Capital Advisors Llc sold 177,098 shares as Magellan Midstream Prtnrs Lp (MMP)'s stock declined 5.59%. The total market capitalization remained at $11.18 billion.

Now we look at the Moving Averages, the 200-day is 3.88, the 50-day is 4.1 and the 20-day is 0.46. Cabot Oil & Gas Corporation has a beta of 0.68 and the weekly and monthly volatility stands at 2.96% and 2.66% respectively. (NYSE:COG) last posted its quarterly earnings results on Friday, April 28th. The company has made a net profit of $105.72 million, or $ 0.23 a share in the quarter, against a net loss of $51.19 million, or $0.12 a share in the previous year period. The company had Year Ago Sales of 281.94 Million.

The company is predicting an earnings per share growth of 37.17% in the coming year.

Other hedge funds and other institutional investors have also bought and sold shares of the company.

Recent Trading for Cabot Oil & Gas Co. Nikko Asset Management Americas Inc. raised its position in Cabot Oil & Gas Co.by 9.8% in the first quarter. Financial Architects Inc now owns 5,100 shares of the oil and gas exploration company's stock valued at $122,000 after buying an additional 1,000 shares in the last quarter. SailingStone Capital Partners LLC raised its position in shares of Cabot Oil & Gas Co.by 51.4% in the fourth quarter. The company has grown 4.15% in past 3 months and in the last five trades has moved down -1.43%. Cabot Oil & Gas Co.'s dividend payout ratio (DPR) is presently -14.55%. While it's Return on Investment (ROI) value is -8%.

Analysts on average have given a price target of $29.25 to Cabot Oil & Gas Corporation (COG) stock. The Firm operates in the segment of natural gas and oil development, exploitation, exploration and production, in the continental United States. Its assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs.

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