Bullish Movers Gaining Investors Attention: Cobalt International Energy, Inc. (NYSE:CIE)

Cobalt International Energy, Inc. (NYSE:CIE) persists its position slightly strong in context of buying side, while shares price jumped down -18.74% during latest trading session. Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked CIE in recent few months. In ratings table the CIE given BUY ratings by 3 analysts in current phase and 1 analyst suggest it as overweight security. While 4 number of analysts gave ratings for HOLD in current as compared to 1 analyst giving UNDERWEIGHT. As per remarks given by WSJ, overall consensus pool recommends it as Overweight security.

The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $-0.13 at current month while compared with $-0.13 in a month ago. The stock next year first quarter current estimate trend for EPS was for $-0.12 and on annual basis FY 2016 estimate trends at current was for $-0.94 as compared to one month ago of $-0.94, and for next year per share earnings estimates have $-0.45.

Narrow down focus to other ratios, the Cobalt International Energy, Inc. (NYSE:CIE) has current ratio of 4.10 that indicates if ratio lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. In addition, the firm has debt to equity ratio of 0.00, sometimes it remain same with long term debt to equity ratio.

Analysts Pools

Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked CIE in recent few months. In ratings table the CIE given BUY ratings by 3 analysts in current phase and 1 analyst suggest it as overweight security. While 4 number of analysts gave ratings for HOLD in current as compared to 1 analyst giving UNDERWEIGHT. As per remarks given by WSJ, overall consensus pool recommends it as Overweight security.

The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $-0.13 at current month while compared with $-0.13 in a month ago. The stock next year first quarter current estimate trend for EPS was for $-0.12 and on annual basis FY 2016 estimate trends at current was for $-0.94 as compared to one month ago of $-0.94, and for next year per share earnings estimates have $-0.45. Finally yet importantly, returns on equity stand at -76.10%.

EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS of Cobalt International Energy, Inc. (NYSE:CIE) stands at -56.60%, and looking further price to next year’s EPS is 58.60%. While take a short look on price to sales ratio, that was 19.69.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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