Cabot Oil & Gas Corporation (NYSE:COG) registered a 3.27% increase, still its new closing price is 16.48% up from the company’s 1 year high of 26.69.It posted -7.38% losses in previous 5 sessions and is now the subject of 15 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 8 buy or better ratings. The 35 stock analysts following this company have an average price target at $27.90, with individual PT in the $21.00-$36.00 range. The shares moved at $21.45, implying that brokerage firms see shares gaining about 1.68% in twelve months time.
Cabot Oil & Gas Corporation (COG) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -8.09% fall year to date. A Vice Pres. & General Counsel at Cabot Oil & Gas Corporation (COG) offloaded shares in a transaction closed on Tuesday September 13, 2016. Cunningham George Kevin sold 3,000 shares in the company at $25.25 each and collected $75,001 in proceeds. Cunningham George Kevin now owns 57,388 shares in the company after this transaction. A Vice Pres. & General Counsel in the company, Cunningham George Kevin, disclosed a transaction on Tuesday June 21, 2016 that ended up generating $156,000 from the sale of 6,178 shares at $25.32 per share.
Cabot Oil & Gas Corporation (NYSE:COG) Upcoming Results on Tap
Cabot Oil & Gas Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.09 in that period. Sales during the quarter are predicted to arrive at $451.19 million.
Earnings surprise history: Last quarter, the company posted approximately $310.43 million in revenue and EPS of $-0.04. The mean forecast was for $308.11 million and $-0.04 a share, respectively. One quarter earlier, revenue for the stock was at $246.82 million, with earnings at $-0.07/share.
Cabot Oil & Gas Corporation (COG) Brokerage Update
Cabot Oil & Gas Corporation (COG) is in Barclays’s research list so their analyst rating change is noteworthy. These shares were upgraded to Overweight from Equal Weight by Barclays, according to news reported on Monday January 23, 2017.Another important research note was issued by BofA/Merrill on Wednesday January 04, 2017.The firm downgraded COG to Underperform from Buy. Over the last six months and over the last three months, the shares of Cabot Oil & Gas Corporation (COG), have changed -11.93% and 4.63%, respectively.