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.
Several price targets were given for RSPP by the analysts covering the stock. The most optimistic analyst gave a price target of 63, which equates to a potential upside of 81.24 percent. The most pessimistic analyst gave a price target of 33, implying potential capital losses of -5.06 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -16.08 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -26.19 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -17.96 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -21.29 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 10 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 10 analysts decreased their estimates.
The growth rate of RSPP's earnings is estimated by analysts to be 339.19 percent. It's possible to gain additional insight about growth valuation of a company by looking at 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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 below the high by 25.92 percent. 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's next earnings release will be on 0000-00-00, which is days away.