A share price of Oge Energy Corp [OGE] is currently trading at $45.96, up 1.03%. An important factor to consider is whether the stock is rising or falling in short-term value. The OGE shares have gain 1.91% over the last week, with a monthly amount drifted -0.69%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Oge Energy Corp [NYSE: OGE] stock has seen the most recent analyst activity on January 21, 2025, when Evercore ISI upgraded its rating to a Outperform and also boosted its price target to $47 from $40. Previously, Jefferies started tracking the stock with Buy rating on September 20, 2024, and set its price target to $46. On May 23, 2024, downgrade downgraded it’s rating to Hold. Barclays downgraded its rating to a Equal Weight but stick to its price target of $34 on April 22, 2024. Ladenburg Thalmann downgraded its rating to a Neutral and reduced its price target to $34 on January 16, 2024. Barclays started tracking with a Overweight rating for this stock on August 23, 2023, and assigned it a price target of $36. In a note dated June 15, 2023, Ladenburg Thalmann upgraded an Buy rating on this stock and boosted its target price from $37 to $39.
Oge Energy Corp experienced fluctuations in its stock price throughout the past year between $32.37 and $46.53. Currently, Wall Street analysts expect the stock to reach $44.5 within the next 12 months. Oge Energy Corp [NYSE: OGE] shares were valued at $45.96 at the most recent close of the market. An investor can expect a potential drop of -3.18% based on the average OGE price forecast.
Analyzing the OGE fundamentals
Trailing Twelve Months sales for Oge Energy Corp [NYSE:OGE] were 2.99B which represents 34.20% growth. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 45.46 points at the first support level, and at 44.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.37, and for the 2nd resistance point, it is at 46.79.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Oge Energy Corp [NYSE:OGE] is 0.73. On the other hand, the Quick Ratio is 0.42, and the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 3.10, the price to book ratio is 1.99 and price to earnings (TTM) ratio is 20.96.
Transactions by insiders
Recent insider trading involved Cristina F McQuistion, Officer, that happened on Feb 28 ’25 when 3951.0 shares were purchased. Officer, McQuistion Cristina F completed a deal on Feb 25 ’25 to buy 11731.0 shares. Meanwhile, Officer Cristina F McQuistion bought 5403.0 shares on Feb 21 ’25.
