It is expected that in Dec 2018 quarter, Cabot Oil & Gas Corporation (NYSE:COG) will have an EPS of $0.48. It means that there could be a 300% growth in the quarter. Yearly earnings are expected to rise by 127.08% to about $1.09. As for the coming year, growth will be about 91551.38%. RSI after the last trading period was 36.19. COG recorded a change of -8.89% over the past week and returned 5.71% over the last three months while the COG stock’s monthly performance revealed a shift in price of -10.49%. The year to date (YTD) performance stands at -19.76%, and the bi-yearly performance specified an activity trend of -4.18% while the shares have moved -13.85% for the past 12 months.
COG’s EPS was $0.25 as reported for the September quarter. In comparison, the same quarter a year ago had an EPS of $0.07. That means that its growth in general now stands at 257%. Therefore, a prediction of $0.28 given by the analysts brought a negative surprise of -11%. COG Sep 18 quarter revenue was $545.17 million, compared to $385.42 million recorded in same quarter last year, giving it a 41% growth rate. The company’s $159.75 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.
Cabot Oil & Gas Corporation (COG) currently trades at $22.95, which is higher by 1.5% its previous price. It has a total of 446.16 million outstanding shares, with an ATR of around 0.88. The company’s stock volume dropped to 7.35 million, worse than 7.81 million that represents its 50-day average. A 5-day decrease of about -8.89% in its price means COG is now -19.76% lower on year-to-date. The shares have surrendered $43375.05 since its $29.56 52-week high price recorded on 3rd of January 2018. Overall, it has seen a growth rate of -13.85 over the last 12 months. The current price per share is $2.01 above the 52 week low of $20.94 set on 25th of October 2018.
12 analysts out of 29 Wall Street brokerage firms rate COG stock as a Buy, while 2 see it as a Sell. The rest 15 describe it as a Hold. The stock traded higher to an intra-day high of $23.12. At one point in session, its potential discontinued and the price was down to lows at $22.39. Analysts have set COG’s consensus price at $27.69, effectively giving it a 20.65% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $34 (up 48.15% from current price levels). COG has a 10.4% ROE, lower than the 18.52% average for the industry. The average ROE for the sector is 13.97%.
Laredo Petroleum, Inc. (NYSE:LPI) shares depreciated -2.84% over the last trading period, taking overall 5-day performance up to -10.48%. COG’s price now at $3.76 is weaker than the 50-day average of $5.3. Getting the trading period increased to 200 days, the stock price was seen at $8.05 on average. The general public currently hold control of a total of 177.98 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 250.46 million. The company’s management holds a total of 0.5%, while institutional investors hold about 0% of the remaining shares. COG share price finished last trade -18.71% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -53.43%, while closing the session with -30.02% distance from 50 day simple moving average.
Laredo Petroleum, Inc. (LPI) shares were last observed trading -67.81% down since January 24, 2018 when the peak of $11.68 was hit. Last month’s price growth of -28.24% puts LPI performance for the year now at -64.56%. Consequently, the shares price is trending higher by -1.31%, a 52-week worst price since Dec. 18, 2018. However, it is losing value with -56.98% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $3.61 and $3.68. The immediate resistance area is now $3.88 Williams’s%R (14) for LPI moved to 97.86 while the stochastic%K points at 4.27.
LPI’s beta is 1.59; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $2.45 per share from its yearly profit to its outstanding shares. Its last reported revenue is $279.75 million, which was 36% versus $205.82 million in the corresponding quarter last year. The EPS for Sep 18 quarter came in at $0.27 compared to $0.13 in the year-ago quarter and had represented 108% year-over-year earnings per share growth. LPI’s ROA is 27%, higher than the 4.97% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 8.07%.
Estimated quarterly earnings for Laredo Petroleum, Inc. (NYSE:LPI) are around $0.27 per share in three months through December with $0.22 also the estimate for March quarter of the fiscal year. It means the growth is estimated at 42.11% and -8.33%, respectively. Analysts estimate full-year growth to be 70%, the target being $1.02 a share. The upcoming year will see an increase in growth by percentage to -9.8%, more likely to see it hit the $0.92 per share. The firm’s current profit margin over the past 12 months is 51.6%. LPI ranks higher in comparison to an average of 17.85% for industry peers; while the average for the sector is 76.93%.