NYSE:COG
$41.21
(3/18 8:34AM)
-1.0%
| Open | $0 |
Mkt Cap | $4.3 Billion |
| High | $41.24 |
52Wk High | $46.46 |
| Low | $41.21 |
52Wk Low | $22.46 |
| Volume | 416 |
Avg Vol 10D | 1.4 Million |
Ockham's Rating/Recommendation Summary
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COG Revenue
As a value investing shop, we are interested in seeing how COG's revenues measure up against past performances. One easily understandable way of doing that is to compare Price to Sales per share levels over a given time frame. Assuming it is available, Ockham prefers to look at ten years of history (for this stock there are 10 years of history available) and we weigh recent years more heavily. This allows us to find weighted average historical high and low Price to Sales ratios, which give us a better idea of the stock's current underlying value. Using this method, we have established a high range for Price to Sales of 5.31x and the low end of the range at 2.44x.
With respect to these historically rational metrics, notice that the current Price to Sales per share ratio for COG of 4.94x is high enough compared with historical norms of COG to cause some concern. The current Price to Sales per share is near the upper end of the historical range. In our eyes, this is a negative factor because it is more likely that it will return to the normal range than continue rising outside of the range. At current sales per share levels, we would need to see a decline in the Price to Sales ratio of 27% merely to return COG to its historical average.
COG Cash Earnings
Cash Earnings is always one of the most important factors to review for a company and, more importantly, an investment in a stock. COG is significantly above their historical average multiples of Cash Earnings, as calculated by our proprietary analysis. It is incredibly important to understand that for COG, the current level of Cash Earnings compared to its historical levels helps identify where COG is in relation to what the investing community was willing to pay for this level of Cash Earnings in the past. With a historical high Cash Earnings per share ratio of 12.81 and a historical low Cash Earnings per share ratio of 5.94, an investor can relate where value becomes optimal.
Just recall that when a stock's price, as in the cases of COG, is significantly elevated to the level of Cash Earnings being generated, the market has already priced in much of that value. For example, the historical average for COG's Price to Cash Earnings ratio is 25% below the current ratio of 11.76. That is not an insignificant amount, and diminishes our overall outlook on COG. However, you need to review several areas of a company's potential, and as management would point out, one metric is not the end-all-be-all of any analysis.
COG Dividends
A strong dividend payment history is looked upon as a favorable characteristic on a company’s future and potentially can receive a positive Ockham rating. That being said, we don't require dividend payments for company's whose management has elected to forgo them entirely.
When reviewing dividend yields for COG, we compare the historic high and low levels over the past, which is similar to our evaluation of Sales and Cash Earnings per share. Paying a dividend is not necessary for any company, but changes in dividend often can lend clues as to the health of the business. A rising dividend is a strong sign for an established company, as it reflects management's confidence in the company. COG’s estimated annual dividend is $0.12 resulting in a current dividend yield of 0.29%. The highest dividend yield from COG over recent history was 0.92% while the lowest dividend yield was 0.16%. It is never a good sign for a company to pay significantly lower dividends, in this case 46.30% below the median yield. Although, dividends are a relatively small portion of our analysis framework, we still see this as a negative factor.
Interested in COG? See What the Pundits Said on Squawk On The Street
The latest news from Squawk On The Street on COG is available through Ockham's news analytics platform RazorWire.
We noticed recently that in comparison to all other stocks we analyze in the news; COG has received less coverage from the financial media in business television and blogs. Cabot Oil & Gas Corporation receives our Fairly Valued rating in our latest report because the current price does not seem out of line with the fundamentals. The Motley Fool CAPS crowd believes this stock will perform generally in line with the benchmark, or in other words the crowd is neutral.
“… CABOT OIL AND GAS and petro hawk all headed higher today. Citi is likes pinnacle right now now, moving higher 1% on the the other cabot, the material company raised from buy to h... …”
Fox Business Discusses Higher Prices and Cabot Oil & Gas Corporation
Stick with it or dump it? Fox Business discusses what an abnormally high price means for COG's investors. Take note of Ockham's valaution on the stock as well.
This is a 52-week high. Lazard came out this morning and talked about some names that we don't focus on too much day in and day out. It's nice with the names like CABOT OIL AND GAS and names that the traders love to watch and you can see up1/4 of 1% and the energy, also up 11/2% and check the energy, a buy rating, price target of $36 and CABOT OIL AND GAS, that's also a buy rating, a price target of $48. So you can see nearly $8 to run there for the upside and also, quicksilver, that name, too, being upgraded as well and started with a buy rating and a price target of $20 so lazard coming out and talking about a lot of energy stocks and other names in focus and then of course, we're watching wal-mart
“… he energy, also up 11/2% and check the energy, a buy rating, price target of $36 and CABOT OIL AND GAS, that's also a buy rating, a price target of $48. So you can see nearly $8 to run there for the upside and also, quicksilver, that name, too, being upgraded as well and started with a buy rating and a price target of $20 so lazard coming out and talking about a lot of energy stocks and other names in focus and then of course, we're watching wal-mart …”
Analysts' Take on Cabot Oil & Gas Corporation Mentioned on The Opening Bell on Fox Business
Analysts opinions can often carry a lot of weight, especially when they make major news and are covered on The Opening Bell on Fox Business.
Up1/2 a percent. Burlington norp cut this morning, downgraded and csx upgrades and those are moves and also lazard came out and talking about several names, CABOT OIL AND GAS, ticker cog with a buy. The price target $48. So keep an eye on CABOT OIL AND GAS and they talked about several names within the energy sector such as chesapeake and they also started. Petroleum corporation with a buy keep an eye on lazard and the energy stocks they came out with a slew of upgrades on those down about three points here, hovering around the level yesterday. Back to you. Connell: all right, nicole
“… S and they talked about several names within the energy sector such as chesapeake and they also started. Petroleum corporation with a buy keep an eye on lazard and the energy stocks they came out with a slew of upgrades on those down about three points here, hovering around the level yesterday. Back to you. Connell: all right, nicole …”
Cabot Oil & Gas Corporation (COG) Discussed on CNBC's Mad Money
Cabot Oil & Gas Corporation is in the news. Find out how this impacts COG trading on Ockham Research.
Exxon, chevron, ppg, they need a strong economy to justify going higher. They don't fit with the general how about ultra pete? Ultra petroleum and CABOT OIL AND GAS. They're two natural gas plays that are soaring. National oil varco and transocean drilling are getting the trajectories of these stocks break too many established patterns, and taken as a group they make no sense to me. Tech? Texas instruments had game
“… g are getting the trajectories of these stocks break too many established patterns, and taken as a group they make no sense to me. Tech? Texas instruments had game …”
Cabot Oil & Gas Corporation (COG) Discussed on Fox Business's Countdown to the Closing Bell
Cabot Oil & Gas Corporation is in the news. Find out how this impacts COG trading on Ockham Research.
We have a lot of that based on last year's number. Chemical group reported doubling in the net profit. They exceeded the wall street expectations so the stock is up 8%. Number two, CABOT OIL. They hit a 52-week high. Jpmorgan upgraded to overweight from neutral. That bumped the stock up over 10% earlier today. Up 9% right now. Number one, crane. Also hitting a 52-week high. Maker of engineered industrial products posting lower sales in all the businesses but good old
“… eutral. That bumped the stock up over 10% earlier today. Up 9% right now. Number one, crane. Also hitting a 52-week high. Maker of engineered industrial products posting lower sales in all the businesses but good old …”
Cabot Oil & Gas Corporation (COG) Discussed on Fox Business's Fox Business
Cabot Oil & Gas Corporation is in the news. Find out how this impacts COG trading on Ockham Research.
Today. And this, as the market is basically unchanged so it really shows you how this group in particular is getting hit hard to the down side. Take a look the at some of the other names we've been watching, names in the news, CABOT OIL AND GAS and a couple of upgrades and also the numbers, you see that's up 8%, baidu, the chinese internet company, hit hard on the outlook. Coming in with the quarterly numbers and those are those commodities to the down side and by the way, as we've gauged with the dollar, we've seen oil and gold pulling back here and let's
“… le of upgrades and also the numbers, you see that's up 8%, baidu, the chinese internet company, hit hard on the outlook. Coming in with the quarterly numbers and those are those commodities to the down side and by the way, as we've gauged with the dollar, we've seen oil and gold pulling back here and let's …”
Cabot Oil & Gas Corporation (COG) Discussed on Fox Business's The Opening Bell on Fox Business
Cabot Oil & Gas Corporation is in the news. Find out how this impacts COG trading on Ockham Research.
Great yoga pants and the original to be flat, but giving that outlook sort of dampened outlook enough to push it down 71/2. And I mentioned CABOT OIL AND GAS being on the upgrade list, some other names to watch, so we're up 43 here this morning, so far. Bacc to you. Nicole, have you very much. Let's head back out to the cme group and check with brian before we talk, we talked
“… acc to you. Nicole, have you very much. Let's head back out to the cme group and check with brian before we talk, we talked …”
Cabot Oil & Gas Corporation (COG) Discussed on Fox Business's The Opening Bell on Fox Business
Cabot Oil & Gas Corporation is in the news. Find out how this impacts COG trading on Ockham Research.
That 200 point move something that traders were the not expecting and I guess they're ready this morning to see what happens here. Let's take a look at names that they're watching and look at CABOT OIL AND GAS, but quickly running to take a look at it to see that CABOT OIL AND GAS is to the upside. Up nearly 12%. So, as anticipated, this one moving to the upside, coming out with numbers. And also, both j.P. Morgan and also jeffries talking positively about the company and jeffries issuing a buy rating. And textron quarterly numbers, and up 5%.
“… see that CABOT OIL AND GAS is to the upside. Up nearly 12%. So, as anticipated, this one moving to the upside, coming out with numbers. And also, both j.P. Morgan and also jeffries talking positively about the company and jeffries issuing a buy rating. And textron quarterly numbers, and up 5%. …”
Cabot Oil & Gas Corporation (COG) Discussed on Fox Business's Fox Business
Cabot Oil & Gas Corporation is in the news. Find out how this impacts COG trading on Ockham Research.
Pretty unbelievable to watch oil pulling back the way it did. Today such a different picture. All names here in the s&p 500, energy sector, all 40 members in that index are higher right now. Led by the number one name in the sector, is CABOT OIL AND GAS and that's because, and I told you this before the opening bell. Suntrust robertson humphrey raised this thing to a buy from a neutral and as a result that's certainly taking off there. Last but not least, traders always love to see what is hot, what's not in barons over the the publication that we all use as our business bible, right, over the weekend, but certainly, we certainly looked at that and barons' saw upside potential for some insurers, saying that this is the safest part of the financial sector, saying that the group is attractive. Allstate, chubb, those are some names we're watching, but for right now this momentum is certainly to the upside. Up 129 points, back to you, >> dagen: thank you, nicole. Still to come this hour, fossil fuel subbidies, are they about to get cut here and abroad? Sending fuel prices sky high? We investigate. Young americans still spending money, we take a close look at what they're buying. And how retailers are attracting those dollars. Plus, just how much are
“… nd that's because, and I told you this before the opening bell. Suntrust robertson humphrey raised this thing to a buy from a neutral and as a result that's certainly taking off there. Last but not least, traders always love to see what is hot, what's not in barons over the the publication that we all use as our business bible, right, over the weekend, but certainly, we certainly looked at that and barons' saw upside potential for some insurers, saying that this is the safest part of the financial sector, saying that the group is attractive. Allstate, chubb, those are some names we're watching, but for right now this momentum is certainly to the upside. Up 129 points, back to you, >> dagen: thank you, nicole. Still to come this hour, fossil fuel subbidies, are they about to get cut here and abroad? Sending fuel prices sky high? We investigate. Young americans still spending money, we take a close look at what they're buying. And how retailers are attracting those dollars. Plus, just how much are …”
Cabot Oil & Gas Corporation (COG) Discussed on Fox Business's Fox Business
Cabot Oil & Gas Corporation is in the news. Find out how this impacts COG trading on Ockham Research.
Stocks, goldman sachs cutting downgrading u.S. Steel to a neutral and watching this name because they said that there's a likelihood of a pullback in prices so you can see u.S. Steel down 11/2%, ak steel also down there, and then you have some upgrades here. Certainly, worth noting. Everything from CABOT OIL and amat and cisco, and acensure looking good there and some of the names getting buy ratings. For right now, with the light volume here on the holiday. You may see more volatility, but you can see that we are doing well into the green, and as far as the sectors, everything is in the green from airlines to drugs, retailers and energy, managed care, reits, fertilizers and only a couple of names, we showed you the steel stocks, those were lower. Solar stocks have come under some pressure as well as a few of the casino names, but so far this monday morning, this merger metropolitan monday we're well into the the momentum here is clearly to back to you, dagen. >> dagen: nicole, thank you for that. Next we head overseas where ashley webster will bring you the latest on what's happening in the international markets
“… re. Certainly, worth noting. Everything from CABOT OIL and amat and cisco, and acensure looking good there and some of the names getting buy ratings. For right now, with the light volume here on the holiday. You may see more volatility, but you can see that we are doing well into the green, and as far as the sectors, everything is in the green from airlines to drugs, retailers and energy, managed care, reits, fertilizers and only a couple of names, we showed you the steel stocks, those were lower. Solar stocks have come under some pressure as well as a few of the casino names, but so far this monday morning, this merger metropolitan monday we're well into the the momentum here is clearly to back to you, dagen. >> dagen: nicole, thank you for that. Next we head overseas where ashley webster will bring you the latest on what's happening in the international markets …”