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.
Many analysts weighed in on price targets for RSPP. The most optimistic price target was 63, implying a possible profit of 81.24 percent. The lowest price target was 33, implying a possible loss of -5.06 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -16.08 percent. That number becomes -26.19 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -17.96 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -21.29 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 10 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 10 analysts that revised their FY estimates downwards.
The growth rate of RSPP's earnings is estimated by analysts to be 339.19 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. RSPP has a PEG ratio of 0.57.
In the trailing 52-weeks, RSPP hit 46.92 at the highest peak, while it's lowest trading point was 29.67. Currently the stock is 17.16 percent higher than its low, and 25.92 percent lower than its 52-week high. RSPP has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.