Analyst Ratings for Rice Energy Inc. (RICE)Updated: 2017-07-26
Shares of Rice Energy Inc. (NYSE:RICE) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, RICE was issued an average rating of Overweight.
8 analysts declared RICE a buy, 0 issued an overweight rating, 15 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 12. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for RICE. The maximum price target given was 38, implying a possible profit of 36.79 percent. The minimum price target given was 24, implying a possible loss of -13.61 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 9.55 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -30.15 percent. Meanwhile, fiscal year estimates have been revised upwards by 4.65 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -28.21 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 3 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
In the last 52-weeks, RICE has achieved a high of 29.36 and a low of 18.30. The current market price is above the trailing year's low by 51.8 percent, and 5.38 percent below the high. RICE has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The RICE value stock report compares RICE to some of its peers using value stock charts. The stock has a market capitalization of $5.7 billion. RICE will post this quarters earnings in days, on 0000-00-00.