Analyst Ratings for OGE Energy Corp. (OGE)Updated: 2017-07-26
Analysts covering OGE Energy Corp. (NYSE:OGE) have given it a consensus rating of Overweight. Last month, OGE received an average rating of Overweight.
11 analysts issued ratings on the stock, where 4 gave OGE a buy rating, 1 issued an overweight rating, 6 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 2 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for OGE. The most optimistic price target was 38, which equates to a potential upside of 6.62 percent. The most pessimistic analyst gave a price target of 32, implying a possible loss of -10.21 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 2.22 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.26 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, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
OGE has an estimated earnings growth rate of 11.92 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. OGE has a PEG ratio of 1.71.
In the last 52-weeks, OGE has achieved a high of 37.41 and a low of 29.57. Today's price is 20.53 percent above the 52-week low, and below the high by 4.73 percent. OGE has a P/E ratio of 20.38. Investors typically compare the P/E ratio to a company's peers in the industry. The OGE value stock report compares OGE to some of its peers using value stock charts. The market cap of OGE is $7.12 billion. OGE will post this quarters earnings in days, on 0000-00-00.