Price Target Analysis Cobalt International Energy, Inc. (CIE)

Gladys Abbott
June 1, 2017

Insider Trading is buying and selling of a security by a person who has access to material information related to a security that is not available to general public. Looking out over the past year, company shares have been recorded -90.53% off the 52 week high and -1.76% away from the low over the same period.

Valuation Ratios of Cobalt International Energy, Inc. The company's average Piotroski F-Score: 2 during the last 7 years. The stock price decreased -6.66% or $0.02 versus $0.26 at the end of the prior session. It is used to find out how fast a business is expanding. Mercadolibre, Inc. has 1 buy ratings, 6 holds and 1 sells even after the stock tumbled -3.69% from its high of $297.95 to a $12.59 billion market value through last close.

Cobalt International Energy (NYSE:CIE) opened at 0.2568 on Monday.

RSI ( Relative Strength Index) highlights overbought (over 70) and oversold (under 30) areas. The RSI oscillates between zero and 100.

This company has been competing with others in the Basic Materials space and offers its own combination of interesting factors Cobalt International Energy, Inc. (CIE) is at 32.42. The stock notched a 12-month high of $1.32 while $3.00 target is by far the most aggressive out of analysts who are now evaluating the company, $1.68 higher than the next highest 52-week price estimate. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold". Out of the analyst recommendations 2 rate Cobalt International Energy (NYSE:CIE) stock a Buy, 1 rate the stock Outperform, 4 rate Hold, 0 rate Underperform and 1 recommend a Sell. The stock is expected to report revenue as high as $12.73M and as low as $12.73M per share. Earnings per share serves as an indicator of a company's profitability.

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If we glance over stock price target, the analysts were fairly in stock's favor assigning high price target of 201.00 and average price target of 159.10.

The average investor might not have the time to monitor every single tick of a given stock, but taking a look at historical performance may help provide some valuable insight on where the stock may be trending in the future. The energy producer reported ($0.15) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.02. Similarly, full-year EPS forecasts have ranged between $-0.66 and $-0.45. Equities research analysts anticipate that Cobalt International Energy will post ($0.58) EPS for the current year.

Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. The current consensus recommendation provided by covering analysts is 2.30. Its revenue totaled $14.1 million up 81.47% from the previous quarter.

Last week, most offshore natural gas (UNG) and crude oil (USO) exploration and production companies saw their stock prices fall. It's now trading about -90.49% below its 52-week high. (CIE) now has P/E (Price to Earnings) ratio of 0 while the company's industry has 21.16 P/E and the sector P/E is 16.62. The Average True Range, a measure of volatility is at 0.03, however its weekly and monthly volatility is 11.31%, 12.61% respectively. Year to Date performance value (YTD perf) value is -76.13%. Over the past 2 quarters, the stock is down -81.56%, compared with a fall of almost -66.24% for 3 months and about -38.71% for the past 30 days.

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