Cimarex Energy Co. (XEC) Stock Forecast & Predictions

Cimarex Energy Co. XEC: $60.77

1700 N Lincoln St Ste 3700, Denver, Colorado, US. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.cimarex.com/

  • Market Cap$6.26B
  • Change (52 Weeks)209.12%
  • Low (52 Weeks)$20.55
  • Cimarex Energy Co. (XEC) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Cimarex Energy Co. (XEC) stock price is $60.77 and the 52 weeks low is $20.55, which means the Cimarex Energy Co. stock price is up 209.12% in the last 12 months.

    Cimarex Energy Co. (XEC) Stock Price has been Trending Strongly with an ADX reading of 42.13 as per the Weekly Chart.

    A Upward trend indicates that Cimarex Energy Co. (XEC) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that XEC Stock price might rise further, 18.75% indicating that XEC Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall XEC stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Cimarex Energy Co. (XEC) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Cimarex Energy Co. (XEC) is based on 32 Institutional Analyst Ratings where 59.38% are on Strong Buy, 21.88% on Moderate Buy, 18.75% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 32 Institutional Analysts, majority recommended XEC stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Cimarex Energy Co..

    Cimarex Energy Co. (XEC) Stock Price Prediction By Analysts


    HighLowAverage
    $114.45$51.51$78.43
    $78.4329.05% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for XEC set by the institutional analysts is $78.43 where High Estimate is $114.45, Median $79.56 and Low $51.51.

    The average price target for XEC by Institutional Analysts is $78.43, which is 29.05% Upside from the current price. So according to the Institutional Analysts, XEC Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Cimarex Energy Co. (XEC) Stock Forecast Based on News Sentiment


    Neutral
    Based on 1 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of XEC consisting of positive and negative, it shows that Cimarex Energy Co. had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so XEC stock price most likey won't have any reaction to last weeks news coverage.

    Cimarex Energy Co. (XEC) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    MKM PartnersBuyUpgraded
    MizuhoBuyMaintained
    Morgan StanleyOverweightMaintained
    ScotiabankSector OutperformUpgraded
    KeybancOverweightMaintained
    B of A SecuritiesNeutralDowngraded
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    Raymond JamesOutperformMaintained
    MKM PartnersNeutralDowngraded
    ScotiaBankSector PerformMaintained
    ScotiaBankSector PerformInitiated
    KeyBancOverweightMaintained
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    Goldman SachsBuyUpgraded
    Truist SecuritiesHoldDowngraded
    Morgan StanleyOverweightMaintained
    Raymond JamesOutperformUpgraded
    Truist SecuritiesBuyUpgraded
    B of A SecuritiesBuyUpgraded
    Wells FargoOverweightUpgraded
    Morgan StanleyOverweightMaintained
    Wells FargoEqual-WeightMaintained
    Piper SandlerOverweightUpgraded
    StifelBuyMaintained
    Seaport GlobalBuyInitiated
    BarclaysOverweightMaintained
    KeyBancOverweightMaintained
    ScotiaBankSector PerformMaintained
    Morgan StanleyOverweightMaintained
    UBSBuyMaintained
    Wells FargoEqual-WeightMaintained
    KeyBancOverweightMaintained
    BarclaysOverweightMaintained
    RF LaffertyBuyInitiated
    Morgan StanleyOverweightMaintained
    B of A SecuritiesUnderperformReiterated
    MizuhoBuyMaintained
    BairdOutperformMaintained
    B of A SecuritiesUnderperformMaintained
    StifelBuyMaintained
    Wells FargoEqual-WeightMaintained
    MizuhoBuyUpgraded
    UBSBuyMaintained
    StifelBuyUpgraded
    KeyBancOverweightMaintained
    Wells FargoEqual-WeightMaintained
    Morgan StanleyOverweightUpgraded
    Cowen & Co.OutperformUpgraded
    Wells FargoEqual-WeightReiterated
    MKM PartnersBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    Credit SuisseOutperformUpgraded
    SunTrust Robinson HumphreyBuyMaintained
    SusquehannaNegativeDowngraded
    Morgan StanleyEqual-WeightDowngraded
    Wells FargoEqual-WeightMaintained
    JP MorganOverweightUpgraded
    BarclaysEqual-WeightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Wells FargoMarket PerformMaintained
    UBSBuyMaintained
    KeyBancOverweightMaintained
    CitigroupBuyMaintained
    Wells FargoMarket PerformMaintained
    CitigroupBuyMaintained
    Morgan StanleyOverweightMaintained
    MKM PartnersBuyMaintained
    Imperial CapitalIn-LineMaintained
    Bank of AmericaBuyReiterated
    CitigroupBuyMaintained
    Imperial CapitalIn-LineDowngraded
    Morgan StanleyOverweightMaintained
    BMO CapitalMarket PerformDowngraded
    KeyBancOverweightInitiated
    Capital One FinancialOverweightUpgraded
    SunTrust Robinson HumphreyBuyUpgraded
    Morgan StanleyOverweightMaintained
    Capital One FinancialEqual-WeightDowngraded
    SusquehannaPositiveUpgraded
    MizuhoNeutralInitiated
    BarclaysEqual-WeightInitiated
    Morgan StanleyOverweightMaintained
    Imperial CapitalIn-LineDowngraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    SunTrust Robinson HumphreyHoldDowngraded
    Morgan StanleyOverweightMaintained
    Stifel NicolausBuyMaintained
    JP MorganNeutralDowngraded
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightMaintained
    Bank of AmericaBuyUpgraded
    CitigroupBuyMaintained
    JefferiesBuyUpgraded
    Morgan StanleyOverweightMaintained
    Bank of AmericaNeutralDowngraded
    Stifel NicolausBuyMaintained
    Morgan StanleyOverweightMaintained
    UBSBuyInitiated
    Credit SuisseOutperformMaintained
    KLR GroupBuyUpgraded
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightMaintained
    SunTrust Robinson HumphreyBuyUpgraded
    Deutsche BankHoldInitiated
    Seaport GlobalBuyUpgraded
    BairdOutperformInitiated
    Credit SuisseOutperformInitiated
    BarclaysOverweightMaintained
    SusquehannaNeutralDowngraded
    Imperial CapitalOutperformMaintained
    KeyBancBuyMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    Imperial CapitalOutperformInitiated
    PiperJaffrayNeutralMaintained
    BarclaysOverweightMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Credit SuisseOutperformInitiated
    Seaport GlobalNeutralDowngraded
    KLR GroupBuyUpgraded
    SunTrust Robinson HumphreyHoldDowngraded
    Wells FargoMarket PerformDowngraded
    Goldman SachsBuyUpgraded
    JP MorganOverweightUpgraded
    KLR GroupAccumulateUpgraded
    SusquehannaPositiveUpgraded
    FBR CapitalOutperformInitiated
    CitigroupBuyMaintained
    Wells FargoOutperformInitiated
    Williams CapitalHoldInitiated
    CitigroupBuyMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    UBSNeutralMaintained
    BarclaysOverweightMaintained
    WunderlichBuyMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    UBSNeutralMaintained
    Scotia Howard WeilOutperformMaintained
    JP MorganNeutralMaintained
    BarclaysOverweightMaintained
    WunderlichBuyUpgraded
    BarclaysOverweightMaintained
    TopekaHoldMaintained
    NomuraNeutralMaintained
    Deutsche BankHoldMaintained
    CitigroupBuyUpgraded
    SunTrust Robinson HumphreyBuyInitiated
    SunTrust Robinson HumphreyBuyInitiated
    UBSNeutralInitiated
    JP MorganNeutralInitiated
    Deutsche BankHoldMaintained
    Stephens & Co.Equal-WeightDowngraded
    WunderlichHoldDowngraded
    SusquehannaNeutralInitiated
    Canaccord GenuityHoldInitiated
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    CLSAOutperformUpgraded
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    Stephens & Co.OverweightInitiated
    Deutsche BankHoldDowngraded
    BarclaysOverweightMaintained
    Evercore ISI GroupHoldInitiated
    CitigroupBuyUpgraded
    TopekaHoldMaintained
    Cowen & Co.OutperformInitiated
    JefferiesUnderweightMaintained
    NomuraNeutralInitiated
    KLR GroupHoldDowngraded
    Stifel NicolausBuyMaintained
    Goldman SachsNeutralInitiated
    CitigroupBuyMaintained
    JefferiesUnderperformMaintained
    Wolfe ResearchOutperformInitiated
    Stifel NicolausBuyMaintained
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    Scotia Howard WeilUpgraded
    OppenheimerPerformInitiated
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    WunderlichBuyMaintained
    KeyBancBuyMaintained
    BarclaysOverweightMaintained
    Stifel NicolausBuyMaintained
    KLR GroupUpgraded
    ISI GroupNeutralDowngraded
    Brean CapitalNeutralDowngraded
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    CitigroupNeutralMaintained
    Canaccord GenuityBuyMaintained
    Canaccord GenuityBuyInitiated
    JP MorganOverweightMaintained
    GMP SecuritiesBuyInitiated
    Seaport GlobalBuyUpgraded
    Deutsche BankBuyMaintained
    Tudor PickeringBuyUpgraded
    BarclaysOverweightMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    KeyBancBuyMaintained
    Societe GeneraleHoldDowngraded
    KLR GroupHoldDowngraded
    KeyBancBuyMaintained
    Deutsche BankBuyMaintained
    Raymond JamesOutperformMaintained
    WunderlichBuyMaintained
    Morgan StanleyOverweightMaintained
    Scotia Howard WeilUpgraded
    Stifel NicolausBuyMaintained
    WunderlichBuyInitiated
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    Deutsche BankBuyMaintained
    MacquarieNeutralDowngraded
    Stifel NicolausBuyUpgraded
    CitigroupNeutralMaintained
    FBR CapitalMarket PerformDowngraded
    Deutsche BankBuyMaintained
    KLR GroupHoldDowngraded
    Canaccord GenuityBuyInitiated
    Raymond JamesOutperformUpgraded
    Morgan StanleyOverweightUpgraded
    FBR CapitalOutperformUpgraded
    CitigroupNeutralInitiated
    CitigroupNeutralInitiated
    Morgan StanleyEqual-WeightMaintained
    ISI GroupBuyInitiated
    Global Hunter SecuritiesNeutralDowngraded
    TopekaHoldInitiated
    Deutsche BankBuyMaintained
    FBR CapitalMarket PerformDowngraded
    BMO CapitalOutperformUpgraded
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    Dahlman RoseBuyMaintained
    Brean CapitalHoldInitiated
    Canaccord GenuityBuyMaintained
    Global Hunter SecuritiesBuyInitiated
    MacquarieOutperformUpgraded
    Canaccord GenuityBuyMaintained
    BarclaysOverweightMaintained
    Canaccord GenuityBuyMaintained
    BMO CapitalMarket PerformMaintained
    KLR GroupAccumulateInitiated
    iBERIA Capital PartnersOutperformInitiated
    BarclaysOverweightMaintained
    Canaccord GenuityBuyMaintained
    BarclaysOverweightMaintained
    Canaccord GenuityBuyMaintained
    Imperial CapitalOutperformInitiated
    Deutsche BankBuyMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    Stifel NicolausHoldDowngraded
    BarclaysOverweightMaintained
    Societe GeneraleBuyUpgraded
    Deutsche BankBuyMaintained
    Canaccord GenuityBuyUpgraded
    Morgan KeeganOutperformMaintained
    Deutsche BankBuyMaintained
    Canaccord GenuityHoldDowngraded

    Cimarex Energy Co. (XEC) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.500
    The average consensus EPS for XEC is $1.500 with a high estimate of $2.384 and Low of $0.813 for the period 2021-06-30 and based on 25 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.51$0.261387999999999952020-09-30


    The latest average Earning Per Share Estimate for Cimarex Energy Co. is $1.50, which is higher than XEC's last EPS, $0.51. This means that Analysts are expecting Cimarex Energy Co. to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Cimarex Energy Co..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.51$0.261387999999999952020-09-30
    $-0.51$-0.48526462020-06-30
    $0.58$0.36130732020-03-31
    $1.18$1.24373422019-12-31
    $0.91$0.95904552019-09-30
    $0.82$1.25859132019-06-30
    $1.2$1.31257582019-03-31
    $1.98$1.81732330000000022018-12-31
    $1.99$1.56933800000000012018-09-30
    $1.59$1.65881392018-06-30
    $1.82$1.74291662018-03-31
    $1.47$1.40995999999999992017-12-31
    $1.09$0.97682152017-09-30
    $1.06$0.96069182017-06-30
    $1.05$0.88469942017-03-31
    $0.6$0.58921382016-12-31
    $0.41$0.36124672016-09-30
    $0.07$0.00651452016-06-30
    $-0.4$-0.40093972016-03-31
    $-0.25$-0.20837312015-12-31
    $-0.15$-0.07733572015-09-30
    $0.15$-0.04044042015-06-30
    $-0.37$-0.371134600000000042015-03-31
    $0.87$0.82775559999999992014-12-31
    $1.53$1.52923092014-09-30
    $1.71$1.72614052014-06-30
    $1.67$1.53216999999999982014-03-31
    $1.35$1.42448382013-12-31
    $1.62$1.56433852013-09-30
    $1.37$1.27861962013-06-30
    $1.06$1.08667922013-03-31
    $1.18$1.02234222012-12-31
    $1.01$0.95527822012-09-30
    $0.79$0.92084732012-06-30
    $1.26$1.28442709999999982012-03-31
    $1.37$1.31550482011-12-31
    $1.45$1.46452011-09-30
    $1.78$1.75051182011-06-30
    $1.52$1.5943862011-03-31
    $1.58$1.54910770000000022010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).