Analyst Ratings for Cimarex Energy Co. (XEC)

Updated: 2017-07-29

Analysts covering Cimarex Energy Co. (NYSE:XEC) have given it a consensus rating of Overweight. XEC had previously received a consensus rating of Overweight a month ago.

Of the 32 analysts covering the stock, 16 gave it a buy rating, 2 gave an overweight rating, 13 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Today, there are 4 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for XEC. The highest price target was 212, implying potential capital gains of 115.58 percent. The most pessimistic price target was 77, which equates to a potential downside of -21.7 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -5.9 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 3.27 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -9.45 percent. If we look at the last 90 days instead, we find a net average change of 0.36 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 5 analysts increased their quarterly estimates, which can be compared to the 16 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 18 analysts made negative revisions to their fiscal year's estimates.

XEC has a 52-week high of 146.96 and a 52-week low of 89.49. Today's price is 9.89 percent above the 52-week low, and 33.08 percent below the high. XEC has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The XEC value stock report compares XEC to some of its peers using value stock charts. The stock has a market capitalization of $9.43 billion. XEC's next earnings release will be on 0000-00-00, which is days away.