Analyst Ratings for Cabot Oil & Gas Corp. (COG)

Updated: 2017-07-29

Cabot Oil & Gas Corp. (NYSE:COG) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, COG was issued an average rating of Overweight.

A buy rating was issued by 18 analysts, 3 issued an overweight rating, 12 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for COG. The most optimistic analyst gave a price target of 34, which equates to a potential upside of 33.33 percent. The most pessimistic analyst gave a price target of 24, which equates to a potential downside of -5.88 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -11.67 percent. The average change in earnings estimates over the last 90 days is 7.42 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -10 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.46 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 12 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 8 analysts that revised their FY estimates downwards.

COG has traded between a high of 26.74 and a low of 20.02 over the past year. Today's price is 27.37 percent above the 52-week low, and 4.64 percent below the high. COG has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The COG value stock report compares COG to some of its peers using value stock charts. The stock has a market capitalization of $11.72 billion. COG's next earnings release will be on 0000-00-00, which is days away.