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.
A number of analysts gave price targets for OGE. The most optimistic analyst gave a price target of 38, which equates to a potential upside of 6.62 percent. The most pessimistic analyst gave a price target of 32, which equates to a potential downside of -10.21 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 2.22 percent on average, compared to last month. That number becomes -0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.26 percent.
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, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of OGE to grow at a rate of 11.92 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. OGE has a PEG ratio of 1.71.
OGE has traded between a high of 37.41 and a low of 29.57 over the past year. 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 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.