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 maximum price target given was 212, which equates to a potential upside of 115.58 percent. The most pessimistic price target was 77, implying potential capital losses of -21.7 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -5.9 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 3.27 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -9.45 percent, as compared to a month ago. 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. 5 analysts have revised their quarterly estimates upwards in the past 30 days, while 16 analysts made negative revisions. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 18 analysts made negative revisions to their fiscal year's estimates.

In the trailing 52-weeks, XEC hit 146.96 at the highest peak, while it's lowest trading point was 89.49. Today's price is 9.89 percent above the 52-week low, and below the high by 33.08 percent. XEC has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.