Cabot Oil & Gas Corporation : Bullish trend depleted
Cabot oil & gas company develops, exploits and explores oil and gas properties located in North America.
From a fundamental viewpoint, the company is trading at a very high level as shown by the « enterprise value/revenue » estimated at 7.35x. Analysts polled by Thomson Reuters are pessimistic as shown by the earnings per share estimates for 2012 regularly downgraded.
Technically, once again the USD 31.2 resistance has been hit, bullish trend seems to be depleted. Two times, the stock has failed to cross up the resistance, therefore this one would seem strong. A new downward trend could happen in the next sessions.
In this case, the strategy would be now to take a short position at the current price and to buy back at USD 32, a convergent point with moving averages. This strategy will be cancelled if the share increases above USD 37.
 |
Alexandre Nutte
Copyright (c) 2013 4-Traders.com |
Disclaimer : 4-Traders.com is not registered as a securities broker-dealer or investment adviser with any jurisdiction and is not providing any personalized financial, investment or tax advice. 4-Traders cannot assess or guarantee the suitability of any particular investment to any personal situation. Accordingly, you bear complete responsibility for your own investment, financial, and tax research and decisions and should seek the advice of a qualified professional prior to making any decisions based on 4-Traders' website information. This article is provided solely for informational purposes, and does not constitute an offer or solicitation to buy or sell any securities. All opinions expressed and information and data provided therein are subject to change without notice.
|
|
|
|
|
Valuation |
2013e |
2014e |
|
PER (Price / EPS)
|
50,2x |
26,8x |
|
Capitalization / Revenue
|
8,34x |
5,92x |
|
EV / Revenue
|
8,90x |
6,18x |
|
EV / EBITDA
|
12,7x |
8,59x |
|
Yield (DPS / Price)
|
0,12% |
0,14% |
| Profitability |
2013e |
2014e |
|
Operating Margin (EBIT / Sales)
|
32,5% |
38,5% |
|
operating laverage (Delta EBIT / Delta Sales)
|
1,70x |
1,63x |
|
Net Margin (Net Profit / Revenue)
|
16,3% |
21,8% |
|
ROA (Net Profit / Asset)
|
7,50% |
10,8% |
|
ROE (Net Profit / Equities)
|
11,8% |
19,1% |
|
Rate of Dividend
|
5,90% |
3,68% |
|
|
|
