The shares of Cabot Oil & Gas Corporation (NYSE:COG) has been pegged with a rating of Buy by Jefferies in its latest research note that was published on January 7th, 2019. Jefferies wasn’t the only research firm that published a report of Cabot Oil & Gas Corporation, with other equities research analysts also giving their opinion on the stock. Citigroup advised investors in its research note published on December 21st, 2018, to Buy the COG stock. The stock had earned Neutral rating from MKM Partners when it published its report on December 6th, 2018. That day the MKM Partners set price target on the stock to $27. The stock was given Neutral rating by Goldman in its report released on November 20th, 2018. Tudor Pickering was of a view that COG is Hold in its latest report on November 15th, 2018. Morgan Stanley thinks that COG is worth Equal-Weight rating. This was contained in the firm’s report on September 26th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 12 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $27.76. The price of the stock the last time has raised by 15.45% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 52.22.
The shares of the company added by 0.25% during the trading session on Friday, reaching a low of $23.87 while ending the day at $24.18. During the trading session, a total of 4.7 million shares were traded which represents a 39.61% incline from the average session volume which is 7.78M shares. COG had ended its last session trading at 24.12. Cabot Oil & Gas Corporation currently has a market cap of $10.40B, while its P/E ratio stands at 12090.00, while its P/E earnings growth sits at 5.55, with a beta of 0.47. Cabot Oil & Gas Corporation debt-to-equity ratio currently stands at 0.61, while its quick ratio hovers at 1.70. COG 52-week low price stands at $20.94 while its 52-week high price is $28.95.
The company in its last quarterly report recorded $0.25 earnings per share which is below the $0.28 predicted by most analysts. The Cabot Oil & Gas Corporation generated $545.17 million in revenue during the last quarter, which is slightly higher than the $474.46 million predicted by analysts. In the second quarter last year, the firm recorded $0.13 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 48%. Cabot Oil & Gas Corporation has the potential to record 0.00 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Goldman published a research note on January 9th, 2019 where it informed investors and clients that Keurig Dr Pepper Inc. (NYSE:KDP) is now rated as Buy. Citigroup also rated KDP as Upgrade on December 21st, 2018, with its price target of suggesting that KDP could surge by 6.32% from its current share price. Even though the stock has been trading at $26.28/share, analysts expect it to surge higher by 2.74% to reach $28.82/share. It started the day trading at $27 and traded between $26.37 and $27.00 throughout the trading session.
A look at its technical shows that KDP’s 50-day SMA is 26.33 while its 200-day SMA stands at 58.60. The stock has a high of $28.81 for the year while the low is $15.27. The company’s P/E ratio currently sits at 19.00, while the P/B ratio is 1.65. The company’s average trading volume currently stands at 3.54M shares, which means that the short-interest ratio is just 2.15 days. Over the past seven days, the company moved, with its shift of 5.63%. Looking further, the stock has raised 14.80% over the past 90 days while it gained 8.00% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Fidelity Management Research Co bought more KDP shares, increasing its portfolio by +138.14% during the last quarter. This move now sees Fidelity Management Research Co purchasing 11,341,704 shares in the last quarter, thus it now holds 19,551,960 shares of KDP, with a total valuation of $501,312,254. The Vanguard Group Inc meanwhile bought more KDP shares in the recently filed quarter, changing its stake to $428,008,212 worth of shares. T Rowe Price Associates Inc followed the path by decreasing its KDP portfolio by -31.11% in the quarter. This means that T Rowe Price Associates Inc sold -5,901,894 shares in the last quarter and now controls 13,069,637 shares of the KDP stock, with the valuation hitting $335,105,493.
Similarly, BlackRock Fund Advisors decreased its Keurig Dr Pepper Inc. shares by -29.15% during the recently filed quarter. After selling -2,708,633 shares in the last quarter, the firm now controls 6,582,437 shares of Keurig Dr Pepper Inc. which are valued at $168,773,685. In the same vein, D E Shaw Co LP increased its Keurig Dr Pepper Inc. shares by during the most recent reported quarter. The firm bought 2,301,640 shares during the quarter which increased its stakes to 6,156,440 shares and is now valued at $157,851,122. Following these latest developments, around 13.90% of Keurig Dr Pepper Inc. stocks are owned by institutional investors and hedge funds.