Why Cabot Oil & Gas Corporation [COG] Stock Will Fly to $27.00 Over the Next 12 Months

Cabot Oil & Gas Corporation [COG] stock is down -0.12 while the S&P 500 has risen 0.01% on Tuesday, 12/01/20. While at the time of this article, COG ATR is sitting at 0.73, with the beta value at 0.19. This stock’s volatility for the past week remained at 3.11%, while it was 4.45% for the past 30-day period. COG has fallen -$0.02 from the previous closing price of $17.38 on volume of 1.62 million shares.

On 1, December 2020, SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Cabot Oil & Gas Corporation and Encourages Investors with Losses to Contact the Firm. According to news published on Yahoo Finance, The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Cabot Oil & Gas Corporation (“Cabot” or “the Company”) (NYSE: COG) for potential breaches of fiduciary duty on the part of its directors and management.

Analyst Birdseye View:

The most recent analyst activity for Cabot Oil & Gas Corporation [NYSE:COG] stock was on September 24, 2020, when it was Upgrade with a Buy rating from Tudor Pickering, which also raised its 12-month price target on the stock to $22. Before that, on October 26, 2020, BofA Securities Recapitulated a Neutral rating and elevated its amount target to $22. On September 14, 2020, Northland Capital Initiated a Market perform rating. On August 05, 2020, Credit Suisse Resumed a Neutral rating and increased its price target to $21. On July 23, 2020, Mizuho Initiated a Neutral rating. On June 01, 2020, Stifel Downgrade a Sell rating and boosted its amount target on this stock to $16. On May 11, 2020, Tudor Pickering Downgrade a Hold rating. On May 01, 2020, Credit Suisse Downgrade a Neutral rating and improved its amount target to $21.

In the past 52 weeks of trading, this stock has oscillated between a low of $13.06 and a peak of $22.67. Right now, according to Wall Street analyst the average 12-month amount target is $22.35. At the most recent market close, shares of Cabot Oil & Gas Corporation [NYSE:COG] were valued at $17.36. According to the average price forecast, investors can expect a potential return of -1.36%.

FUNDAMENTAL ANALYSIS

Cabot Oil & Gas Corporation [NYSE:COG] most recently reported quarterly sales of 333.29 billion, which represented growth of -32.20%. This publicly-traded organization’s revenue is $7,246,237 per employee, while its income is $2,485,657 per employee. This company’s Gross Margin is currently 55.70%, its Operating Margin is 24.10%, its Pretax Margin is +45.34, and its Net Margin is +34.30. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 15.17, 32.13, 23.68 and 20.54 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 36.86 and the whole liability to whole assets at 27.58. It shows enduring liability to the whole principal at 34.21 and enduring liability to assets at 0.26 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 17.07 points at 1st support level, the second support level is making up to 16.77. But as of 1st resistance point, this stock is sitting at 17.86 and at 18.34 for 2nd resistance point.

Cabot Oil & Gas Corporation [COG] reported its earnings at $0.09 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.06/share signifying the difference of 0.03 and 50.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.05 calling estimates for $0.02/share with the difference of 0.03 depicting the surprise of 150.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Cabot Oil & Gas Corporation [NYSE:COG] is 0.80. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.65. Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.66, it’s amount to book ratio is 3.22 and showing 32.55 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Cunningham George Kevin, Vice Pres. & General Counsel, and it was the sale of 54230.0 shares on Sep 15. Roemer Todd M, the Vice Pres & CAO, completed a sale of 33000.0 shares on Aug 12. On Mar 18, HUTTON JEFFREY W, Sr. Vice President, Marketing, completed a sale of 0.2 million shares.