The stock price of Oge Energy Corp (NYSE: OGE) has surged by 1.46 when compared to previous closing price of 42.50, but the company has seen a 4.97% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-23 that Investors with an interest in Utility – Electric Power stocks have likely encountered both Dominion Energy (D) and OGE Energy (OGE). But which of these two stocks is more attractive to value investors?
Is It Worth Investing in Oge Energy Corp (NYSE: OGE) Right Now?
Oge Energy Corp (NYSE: OGE) has a higher price-to-earnings ratio of 22.38x compared to its average ratio, The 36-month beta value for OGE is at 0.77. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for OGE is 199.92M, and currently, shorts hold a 2.13% of that float. The average trading volume for OGE on January 24, 2025 was 1.07M shares.
OGE’s Market Performance
OGE’s stock has seen a 4.97% increase for the week, with a 5.27% rise in the past month and a 5.69% gain in the past quarter. The volatility ratio for the week is 2.03%, and the volatility levels for the past 30 days are at 1.67% for Oge Energy Corp The simple moving average for the past 20 days is 4.16% for OGE’s stock, with a 11.01% simple moving average for the past 200 days.
Analysts’ Opinion of OGE
Many brokerage firms have already submitted their reports for OGE stocks, with Evercore ISI repeating the rating for OGE by listing it as a “Outperform.” The predicted price for OGE in the upcoming period, according to Evercore ISI is $47 based on the research report published on January 21, 2025 of the current year 2025.
Jefferies, on the other hand, stated in their research note that they expect to see OGE reach a price target of $46. The rating they have provided for OGE stocks is “Buy” according to the report published on September 20th, 2024.
OGE Trading at 2.24% from the 50-Day Moving Average
After a stumble in the market that brought OGE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.90% of loss for the given period.
Volatility was left at 1.67%, however, over the last 30 days, the volatility rate increased by 2.03%, as shares surge +5.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.33% upper at present.
During the last 5 trading sessions, OGE rose by +4.97%, which changed the moving average for the period of 200-days by +27.91% in comparison to the 20-day moving average, which settled at $41.40. In addition, Oge Energy Corp saw 4.53% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OGE starting from William Bryan Buckler, who proposed sale 2,327 shares at the price of $42.97 back on Nov 13 ’24. After this action, William Bryan Buckler now owns shares of Oge Energy Corp, valued at $99,980 using the latest closing price.
McQuistion Cristina F, the VP- Corp. Resp.& Stewardship of Oge Energy Corp, sale 5,008 shares at $42.84 during a trade that took place back on Nov 13 ’24, which means that McQuistion Cristina F is holding 20,918 shares at $214,522 based on the most recent closing price.
Stock Fundamentals for OGE
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.47 for the gross margin
The net margin for Oge Energy Corp stands at 0.14. The total capital return value is set at 0.05. Equity return is now at value 8.47, with 2.96 for asset returns.
Based on Oge Energy Corp (OGE), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 1.14. The interest coverage ratio of the stock is 2.59.
Currently, EBITDA for the company is 1.2 billion with net debt to EBITDA at 4.32. When we switch over and look at the enterprise to sales, we see a ratio of 4.99. The receivables turnover for the company is 6.67for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
In conclusion, Oge Energy Corp (OGE) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
