OGE Energy Corporation (NYSE:OGE) currently has an A verage Broker Rating of 1.86. This number is based on the 7 sell-side firms polled by Zacks. The ABR rank within the industry stands at 202. Analysts on a consensus basis are expecting that the stock will reach $36.6 within the year. The ABR is provided by Zacks which simplfies analyst ratings into an integer based number. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating.
An evaluation of a stock’s expected performance and/or its risk level as judged by a rating agency such as Standard and Poor’s. A stock rating will usually tell the investor how well a stock’s market value relates to what analysts believe is a fair value for the stock, based on an objective evaluation of the company. The greater the amount by which the fair value exceeds the market value, the more highly recommended a buy the stock is. Conversely, if the market value of the stock exceeds the fair value of the stock, then analysts recommend that the stock be sold.
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Research analysts are predicting that OGE Energy Corporation (NYSE:OGE) will report earnings of $0.3 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.
Most recently OGE Energy Corporation (NYSE:OGE) posted quarterly earnings of $0.52 which compared to the sell-side estimates of 0.94. The stock’s 12-month trailing earnings per share stands at $1.91. Shares have moved $-2.3 over the past month and more recently, $-1.16 over the past week heading into the earnings announcement. There are 2 analyst projections that were taken into consideration from respected brokerage firms.
OGE Energy Corporation (NYSE:OGE) closed the last session at $35.75 and sees an average of 873819.63 shares trade hands in each session. The 52-week low of the stock stands at $29.62 while the current level stands at 82.84% of the 52-week High-Low range. Looking further out we can see that the stock has moved 3.06% over the past 12 weeks and 6.88% year to date.
4 analysts rate OGE Energy Corporation a Buy or Strong Buy, which is 57.14% of all the analyst ratings.
This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.