Analysts Recommended this Stock: Cobalt International Energy, Inc. (NYSE:CIE)
- Author: Zachary Reyes Mar 05, 2017,
Mar 05, 2017, 6:48
The company now has a consensus rating of "Buy" and an average target price of $1.47. The company has Beta Value of 1.74 and ATR value of 0.08.
Whereas they predicted High and Low Earnings Estimate as $-0.08 and $-0.17 respectively. Cobalt International Energy has a 1-year low of $0.58 and a 1-year high of $3.81. Parametrica Management Ltd increased its position in Cobalt International Energy by 0.8% in the third quarter. The original version of this piece can be read at https://www.com-unik.info/2017/03/02/fy2018-earnings-estimate-for-cobalt-international-energy-inc-issued-by-capital-one-financial-corp-cie.html. (NYSE:CIE) in a note sent to investors on 18-Aug-16. There may be various price targets for a stock. (NYSE:CIE) now has a consensus Price Target of $2.69.
Several investment firms issued their expert ratings on Cobalt International Energy, Inc. Tudor Pickering Downgrades the company's stock to Hold on 4/21/16 with no specific Price Target.
Cobalt International Energy, Inc is an independent exploration and production company.
It is widely believed that the more practical proxy for the market's expectations is analyst's consensus price estimates. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. Following the EPS trend, pool of analysts gave current quarter Per-Share Earnings estimates trends of $-0.13 for the CIE while maintaining high price target of 5 and average of 2.69, as declared by WSJ. While on annual basis the current EPS estimates trend for FY 2017 came in for $-0.45 as compared to three months ago $-0.59. The difference between actual earnings and estimated earnings was $0.15 per share. Thus the company showed an Earnings Surprise of -253.3 Percent. Adage Capital Partners GP L.L.C. now owns 5,329,393 shares of the company's stock valued at $6,608,000 after buying an additional 1,956,500 shares in the last quarter. (NYSE:CIE) has the market capitalization of $266.79 Million. (CIE) stock price distance from twenty day simple moving average slumped at -20.82% while its distance from fifty day simple moving average declined -37.40% along with -50.81% below distance from two hundred simple moving averages. The stock hit 1-yearhigh at $18.85 and a low of $5.62 in the same period.
The stock was able to keep return on assets at 8.36% in the trailing twelve month while Reuters data showed that industry's average stands at 8.34% and sector's optimum level is 28.46%.
While looking at the Stock's Performance, Cobalt International Energy, Inc. now shows a Weekly Performance of -15.37%, where Monthly Performance is -34.37%, Quarterly performance is -45.03%, 6 Months performance is -50.52% and yearly performance percentage is -78.56%. The stock has a quick ratio of 1.60 and a current ratio of 1.90.
The CIE has tumbled -47.28% year-to-date. Based on an average daily trading volume, of 7,609,316 shares, the days-to-cover ratio is presently 7.4 days. Net profit margin of the company was recorded at 0 percent, operating profit margin was 0 percent, whereas gross profit margin stands at 0 percent. CIE has P/E (Price to Earnings ttm) value of 0, Forward P/E of 0, P/C (Price to cash per share) of 0.63 and Price to Free Cash Flow (P/FCF) value of 0.