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.
Several price targets were given for OGE by the analysts covering the stock. The most optimistic price target was 38, implying a possible profit of 6.62 percent. The lowest price target was 32, implying potential capital losses 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.22 percent. That number becomes -0 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0.26 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, 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. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of OGE is 1.71.
In the trailing 52-weeks, OGE hit 37.41 at the highest peak, while it's lowest trading point was 29.57. Today's price is 20.53 percent above the 52-week low, and 4.73 percent lower than its 52-week high. OGE has a price/earnings 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 stock has a market capitalization of $7.12 billion. OGE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.