For its third fiscal quarter (ending September 30), OGE ENERGY CORP (NYSE: OGE) has reported a -10% decline in E.P.S. from $1.21 a year ago to $1.09 in the current quarter. For the latest four quarters through September 30, E.P.S. were $1.93 compared to $2.09 a year ago — a decline of -8%.
Recent Price Action
OGE ENERGY CORP (NYSE: OGE) stock enjoyed a large increase of 3.0% on 11/5/24. The stock closed at $41.03. Moreover, trading volume in this advance was unusually high at 163% of normal. The stock has risen 0.9% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, OGE is expected to continue to be a Value Builder.
OGE ENERGY CORP has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. OGE ENERGY CORP has a slightly positive Appreciation Score of 63 and a very high Power Rating of 86, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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