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.

A number of analysts gave price targets for XEC. The maximum price target given was 212, implying potential capital gains of 115.58 percent. The most pessimistic price target was 77, implying potential capital losses of -21.7 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 -5.9 percent. That number becomes 3.27 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -9.45 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.36 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 5 analysts have revised their quarterly estimates upwards in the past 30 days, while 16 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 18 analysts decreased their estimates.

In the last 52-weeks, XEC has achieved a high of 146.96 and a low of 89.49. Currently the stock is 9.89 percent higher than its low, and 33.08 percent lower than its 52-week high. 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 market cap of XEC is $9.43 billion. XEC will post this quarters earnings in days, on 0000-00-00.