Cabot Oil & Gas Corporation [NYSE: COG] price surged by 1.36 percent to reach at $0.2. A sum of 5381740 shares traded at recent session while its average daily volume was at 8.09M shares. Cabot Oil & Gas Corporation shares reached a high of $15.12 and dropped to a low of $14.685 until finishing in the latest session at $14.96.
The one-year COG stock forecast points to a potential upside of 22.93. The average equity rating for COG stock is currently 2.40, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Cabot Oil & Gas Corporation [COG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for COG shares is $19.41 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on COG stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Securities have made an estimate for Cabot Oil & Gas Corporation shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 08, 2020. The new note on the price target was released on October 28, 2019, representing the official price target for Cabot Oil & Gas Corporation stock.
The Average True Range (ATR) for Cabot Oil & Gas Corporation is set at 0.45, with the Price to Sales ratio for COG stock in the period of the last 12 months amounting to 2.65. The Price to Book ratio for the last quarter was 2.79, with the Price to Cash per share for the same quarter was set at 0.20. Price to Free Cash Flow for COG in the course of the last twelve months was 12.41 with Quick ratio for the last quarter at 1.40.
COG Stock Performance Analysis:
Cabot Oil & Gas Corporation [COG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.61. With this latest performance, COG shares dropped by -12.97% in over the last four-week period, additionally sinking by -11.95% over the last 6 months – not to mention a drop of -39.46% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for COG stock in for the last two-week period is set at 44.92, with the RSI for the last a single of trading hit 48.50, and the three-weeks RSI is set at 41.95 for Cabot Oil & Gas Corporation [COG]. The present Moving Average for the last 50 days of trading for this stock 16.13, while it was recorded at 14.76 for the last single week of trading, and 19.35 for the last 200 days.
Insight into Cabot Oil & Gas Corporation Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Cabot Oil & Gas Corporation [COG] shares currently have an operating margin of +34.64 and a Gross Margin at +40.20. Cabot Oil & Gas Corporation’s Net Margin is presently recorded at +25.98.
Return on Total Capital for COG is now 20.18, given the latest momentum, and Return on Invested Capital for the company is 15.79. Return on Equity for this stock inclined to 24.16, with Return on Assets sitting at 11.59. When it comes to the capital structure of this company, Cabot Oil & Gas Corporation [COG] has a Total Debt to Total Equity ratio set at 58.72. Additionally, COG Total Debt to Total Capital is recorded at 36.99, with Total Debt to Total Assets ending up at 27.71. Long-Term Debt to Equity for the company is recorded at 58.72, with the Long-Term Debt to Total Capital now at 36.99.
Reflecting on the efficiency of the workforce at the company, Cabot Oil & Gas Corporation [COG] managed to generate an average of $1,838,426 per employee. Receivables Turnover for the company is 5.76 with a Total Asset Turnover recorded at a value of 0.45.Cabot Oil & Gas Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.40.
COG Stock EPS
With the latest financial reports released by the company, Cabot Oil & Gas Corporation posted 0.55/share EPS, while the average EPS was predicted by analysts to be reported at 0.58/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -5.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for COG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cabot Oil & Gas Corporation go to 32.61%.
Cabot Oil & Gas Corporation [COG] Insider Position Details
There are presently around $6,167 million, or 99.70% of COG stock, in the hands of institutional investors. The top three institutional holders of COG stocks are: VANGUARD GROUP INC with ownership of 49,416,601, which is approximately 0.196% of the company’s market cap and around 1.70% of the total institutional ownership; BLACKROCK INC., holding 32,727,253 shares of the stock with an approximate value of $483.05 million in COG stocks shares; and STATE STREET CORP, currently with $352.61 million in COG stock with ownership of nearly 7.516% of the company’s market capitalization.
260 institutional holders increased their position in Cabot Oil & Gas Corporation [NYSE:COG] by around 74,995,121 shares. Additionally, 271 investors decreased positions by around 63,603,648 shares, while 77 investors held positions by with 279,243,227 shares. The mentioned changes placed institutional holdings at 417,841,996 shares, according to the latest SEC report filing. COG stock had 74 new institutional investments in for a total of 24,475,206 shares, while 77 institutional investors sold positions of 6,859,308 shares during the same period.