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 highest price target was 38, which equates to a potential upside of 6.62 percent. The minimum price target given was 32, implying a possible loss of -10.21 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of OGE's earnings is estimated by analysts to be 11.92 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. OGE has a PEG ratio of 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 below the high by 4.73 percent. 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 market cap of OGE is $7.12 billion. OGE will post this quarters earnings in days, on 0000-00-00.