Economy

Comparable Company Analysis: Occidental Petroleum Corporation (OXY), Patterson Companies, Inc. (PDCO)

The company has market cap of $14.72 billion. The stock increased 0.58% or $0.32 during the last trading session, reaching $55.47. Massachusetts Company Ma has 1.13% invested in Wells Fargo & Co (NYSE:WFC) for 46.04 million shares. The rating was downgraded by Raymond James to "Underperform" on Tuesday, October 4. The Piotroski F-Score of Occidental Petroleum Corporation (NYSE:OXY) is 6. Inc. cut its position in shares of Occidental Petroleum Co. The Ruane Cunniff & Goldfarb Inc holds 1.51M shares with $56.45M value, up from 1.00M last quarter.

12/16/2016 - Occidental Petroleum Corporation was upgraded to "neutral" by analysts at Goldman Sachs. About 201,481 shares traded.

Occidental Petroleum Corporation (NYSE:OXY) last posted its quarterly earnings results on Wednesday, August 2nd. It has underperformed by 35.67% the S&P500.

The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.90 for CHK and 2.70 for OXY, which implies that analysts are more bullish on the outlook for CHK. Therefore 24% are positive. Finally, Occidental Petroleum Corporation's Return on Investment, a measure used to evaluate the efficiency of an investment, calculated by the return of an investment divided by the cost, stands at -3.50%. About shares traded. Occidental Petroleum Corporation (NYSE:OXY) has declined 18.97% since October 3, 2016 and is downtrending. The rating was maintained by Citigroup on Monday, September 14 with "Neutral". As per Thursday, July 14, the company rating was maintained by Barclays Capital.

08/05/2016 - Occidental Petroleum Corporation was downgraded to "hold" by analysts at Deutsche Bank.

A number of equities analysts recently issued reports on OXY shares. Sumitomo Mitsui Holding Inc holds 2.26M shares. Shares are now up over the past year, outperforming the broad market by -100% and underperformed a peer group of similar companies by -20%. Int Grp Incorporated reported 3,723 shares. Cognizant Technology Solutio (NASDAQ:CTSH) was raised too.

Investors sentiment decreased to 0.95 in 2017 Q2. Its down 0.07, from 0.95 in 2017Q1.

Several other large investors also recently bought and sold shares of OXY. 6 funds opened positions while 9 raised stakes. Bank & Trust reported 6,882 shares. Occidental Petroleum Corporation's dividend payout ratio (DPR) is now 2,369.23%. Legal & General Group Plc boosted its holdings in shares of DHT Holdings by 1.1% during the first quarter. Zeke Advisors Limited holds 5,098 shares or 0.06% of its portfolio.

Checking in on some valuation rankings, Occidental Petroleum Corporation (NYSE:OXY) has a Value Composite score of 54. Tudor Investment Et Al invested in 10,115 shares or 0% of the stock. Occidental Petroleum Corp now has $48.80 billion valuation. Meyer Handelman Commerce holds 174,600 shares. Companies may issue new shares and buy back their own shares. 607.21 million shares or 0.72% less from 611.64 million shares in 2017Q1 were reported. Morgan Stanley owns 5,516 shares for 0% of their portfolio. Finally, Meristem LLP acquired a new position in shares of Occidental Petroleum during the third quarter worth about $1,086,000. Municipal Employees Retirement System of MI now owns 24,660 shares of the oil and gas producer's stock valued at $1,562,000 after buying an additional 150 shares in the last quarter. CTG's profit would be $941,978 giving it 22.33 P/E if the $0.06 EPS is correct. After $0.15 actual earnings per share reported by Occidental Petroleum Corporation for the previous quarter, Wall Street now forecasts -13.33% negative EPS growth.

Since April 4, 2017, it had 1 buying transaction, and 2 selling transactions for $378,235 activity. $242,120 worth of stock was sold by CHAZEN STEPHEN I on Tuesday, May 9. BURGHER CEDRIC W. bought $101,745 worth of stock.

Since May 15, 2017, it had 1 insider buy, and 1 sale for $250,173 activity. Therefore 41% are positive. Abbott Laboratories had 76 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies has "Hold" rating and $58.0 target. The rating was reinitiated by Jefferies with "Buy" on Thursday, June 29. Moreover the Company's Year To Date performance was -10.00%. The company was maintained on Sunday, August 20 by Cowen & Co. The company was maintained on Monday, July 17 by BMO Capital Markets. The firm has "Hold" rating by BMO Capital Markets given on Friday, September 1. RBC Capital Markets maintained it with "Sector Perform" rating and $73 target in Thursday, October 29 report. The stock has an average rating of "Hold" and a consensus target price of $5.75.

Investors sentiment decreased to 1.22 in 2017 Q2. Its up 0.12, from 0.76 in 2017Q1. It is negative, as 69 investors sold ABT shares while 545 reduced holdings. Strategic accumulated 36,182 shares or 0.38% of the stock. Jupiter Asset has invested 0.22% in Abbott Laboratories (NYSE:ABT). The Alabama-based Retirement Sys Of Alabama has invested 0.34% in Abbott Laboratories (NYSE:ABT). Renaissance Tech Ltd stated it has 26,103 shares or 0.01% of all its holdings. Signature Fincl Management reported 0.08% stake. Schwab Charles Mgmt has 7,700 shares for 0% of their portfolio. Axa has invested 0.27% in Abbott Laboratories (NYSE:ABT). Da Davidson Communications accumulated 450 shares. 163,314 were reported by Piedmont Invest Advisors Limited Liability. A 4 analysts rate it as either a buy or a strong buy, while 2 believe that investors should either steer clear of (NASDAQ:PDCO) or, if they already own its stock, sell it.



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