Analyst Ratings for RSP Permian Inc. (RSPP)Updated: 2017-07-26
Analysts covering RSP Permian Inc. (NYSE:RSPP) have given it a consensus rating of Buy. Last month, RSPP received an average rating of Buy.
A buy rating was issued by 28 analysts, 3 gave an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 issued 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. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for RSPP. The maximum price target given was 63, implying a possible profit of 81.24 percent. The most pessimistic analyst gave a price target of 33, implying potential capital losses of -5.06 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 downwards by an average of -16.08 percent. The average change in earnings estimates over the last 90 days is -26.19 percent. Meanwhile, fiscal year estimates have been revised downwards by -17.96 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -21.29 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 10 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 10 analysts that revised their FY estimates downwards.
Analysts estimate earnings of RSPP to grow at a rate of 339.19 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. RSPP has a PEG ratio of 0.57.
RSPP has a 52-week high of 46.92 and a 52-week low of 29.67. The current market price is above the trailing year's low by 17.16 percent, and 25.92 percent below the high. RSPP has a P/E ratio of 193.11. Investors typically compare the P/E ratio to a company's peers in the industry. The RSPP value stock report compares RSPP to some of its peers using value stock charts. The stock has a market capitalization of $5.46 billion. RSPP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.