FB Financial (FBK) Reaches $44.68 52-Week High; Cabot Oil & Gas (COG) Shorts Up By 5.08%

January 14, 2018 - By wolcottdaily

Cabot Oil & Gas Corporation (NYSE:COG) had an increase of 5.08% in short interest. COG’s SI was 17.21M shares in January as released by FINRA. Its up 5.08% from 16.38M shares previously. With 3.74M avg volume, 5 days are for Cabot Oil & Gas Corporation (NYSE:COG)’s short sellers to cover COG’s short positions. The SI to Cabot Oil & Gas Corporation’s float is 3.99%. The stock increased 1.69% or $0.48 during the last trading session, reaching $28.88. About 6.91 million shares traded or 36.52% up from the average. Cabot Oil & Gas Corporation (NYSE:COG) has risen 1.25% since January 14, 2017 and is uptrending. It has underperformed by 15.45% the S&P500.

The stock of FB Financial Corporation (NYSE:FBK) hit a new 52-week high and has $48.25 target or 8.00% above today’s $44.68 share price. The 9 months bullish chart indicates low risk for the $1.36B company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $48.25 price target is reached, the company will be worth $109.12 million more. The stock increased 0.16% or $0.07 during the last trading session, reaching $44.68. About 92,839 shares traded or 9.98% up from the average. FB Financial Corporation (NYSE:FBK) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await FB Financial Corporation (NYSE:FBK) to report earnings on January, 25. They expect $0.54 earnings per share, up 25.58% or $0.11 from last year’s $0.43 per share. FBK’s profit will be $16.49 million for 20.69 P/E if the $0.54 EPS becomes a reality. After $0.60 actual earnings per share reported by FB Financial Corporation for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth.

FB Financial Corporation operates as a holding firm for FirstBank that provides a suite of commercial and consumer banking services to businesses, professionals, and individuals in Tennessee, North Alabama, and North Georgia. The company has market cap of $1.36 billion. It offers interest bearing depository services and products; commercial lending products that include working capital lines of credit, equipment loans, owner-occupied and non-owner-occupied real estate construction loans, real estate term loans, and cash flow loans to small and medium sized businesses; and consumer lending products comprising first and second residential mortgage loans, and home equity lines of credit, as well as consumer installment loans to purchase cars, boats, and other recreational vehicles. It has a 30.9 P/E ratio. The firm also provides mortgage banking services through its bank branch network and mortgage banking offices located in the southeastern United States; and an Internet delivery channel, as well as third-party mortgage services to smaller community banks and mortgage companies.

Among 2 analysts covering FB Financial (NYSE:FBK), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. FB Financial had 3 analyst reports since February 10, 2017 according to SRatingsIntel. The company was downgraded on Wednesday, April 26 by Keefe Bruyette & Woods. The firm has “Hold” rating given on Wednesday, April 26 by Sandler O’Neill. The firm has “Buy” rating given on Friday, February 10 by Sandler O’Neill.

Cabot Oil & Gas Corporation, an independent gas and oil company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company has market cap of $13.36 billion. The firm primarily focuses on the Marcellus Shale with approximately 179,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; and the Eagle Ford Shale with approximately 84,000 net acres in the oil window of the play located in Atascosa, Frio, and La Salle Counties, Texas. It currently has negative earnings. It also transports, stores, gathers, and purchases natural gas for resale.

Since September 5, 2017, it had 0 insider buys, and 1 sale for $319,283 activity. $319,283 worth of stock was sold by HUTTON JEFFREY W on Tuesday, September 5.

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