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.

Several price targets were given for COG by the analysts covering the stock. The maximum price target given was 34, implying a possible profit of 33.33 percent. The most pessimistic price target was 24, implying a possible loss of -5.88 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -11.67 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.46 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 12 analysts revised their estimates downwards. 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. Currently the stock is 27.37 percent higher than its low, and 4.64 percent below the high. COG has a P/E 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 market cap of COG is $11.72 billion. COG's next earnings release will be on 0000-00-00, which is days away.