Analyst Ratings for Energen Corp. (EGN)Updated: 2017-07-29
Shares of Energen Corp. (NYSE:EGN) have received a consensus rating of Overweight from Wall Street analysts. Last month, EGN received an average rating of Overweight.
A buy rating was issued by 14 analysts, 4 issued an overweight rating, 9 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 2. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.
EGN was given price targets by several analysts. The most optimistic analyst gave a price target of 81, which equates to a potential upside of 49.94 percent. The minimum price target given was 38, implying potential capital losses of -29.66 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -22.5 percent. The average change in earnings estimates over the last 90 days is 26.67 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -29.92 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -22.41 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 5 analysts increased their quarterly estimates, which can be compared to the 5 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 7 analysts made negative revisions to their fiscal year's estimates.
The growth rate of EGN's earnings is estimated by analysts to be -41.16 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. EGN has a PEG ratio of -1.85.
In the trailing 52-weeks, EGN hit 64.44 at the highest peak, while it's lowest trading point was 44.73. Today's price is 20.77 percent above the 52-week low, and below the high by 16.17 percent. EGN has a P/E ratio of 76.08. Investors typically compare the P/E ratio to a company's peers in the industry. The EGN value stock report compares EGN to some of its peers using value stock charts. The stock has a market capitalization of $5.24 billion. EGN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.