Extraction Oil & Gas Inc (XOG) Receives $25.71 Consensus Target Price from Brokerages
- Author: Zachary Reyes May 09, 2017,
May 09, 2017, 3:52
R.R. Donnelley & Sons Company (NYSE:RRD), stock is trading $24.24 above the 52-week high and has displayed a high EPS growth of -29.60% in last 5 years. While in the same Quarter Previous year, the Actual EPS was $0.16. The stock boasts a consensus analyst "Buy" rating with the consensus recommendation standing at 1.80. The 1 year EPS growth rate is 42.00%. Carrizo Oil & Gas (NASDAQ:CRZO) last released its quarterly earnings results on Thursday, February 23rd. For the next financial year, analysts forecast that the company will report earnings of $2.29 per share, with EPS estimates ranging from $1.30 to $3.95. The company has a 50-day moving average price of $27.11 and a 200 day moving average price of $33.74. Carrizo Oil & Gas had a positive return on equity of 85.42% and a negative net margin of 264.25%. The company's revenue was up 44.7% on a year-over-year basis. Its share price has decline -19.42% in three months and is up 9.71% for the last five trades.
Carrizo Oil & Gas Inc (NASDAQ:CRZO) opened at 25.18 on Friday.
Carrizo Oil & Gas Inc. on 11/03/2016 reported its EPS as $0.44 with the analysts projecting the EPS of the stock as $0.31. Price targets reflect what the analyst believes a stock will be worth four quarters into the future. Ameriprise Financial Inc. now owns 17,735 shares of the energy company's stock worth $329,000 after buying an additional 420 shares during the period.
The consensus recommendation, according to Zacks Investment research, is 1.21. Finally, Mizuho upgraded shares of Carrizo Oil & Gas from a "neutral" rating to a "buy" rating and upped their price target for the company from $46.00 to $47.00 in a research note on Friday, January 6th. The legal version of this piece of content can be accessed at https://www.chaffeybreeze.com/2017/05/08/extraction-oil-gas-inc-xog-receives-25-71-consensus-target-price-from-brokerages.html. Five analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.
Shares of Carrizo Oil & Gas (NASDAQ:CRZO) traded up 4.39% on Tuesday, reaching $25.18. Outstanding shares are shown on a company's balance sheet under the heading "Capital Stock". Carrizo Oil & Gas has a 1-year low of $23.98 and a 1-year high of $43.96.
In other news, General Counsel Gerald A. Morton sold 1,632 shares of Carrizo Oil & Gas stock in a transaction dated Monday, March 27th. Following the completion of the transaction, the vice president now owns 13,794 shares of the company's stock, valued at $365,265.12. Stock rose 105.06% over the trailing 6 months. The shares were sold at an average price of $30.00, for a total value of $180,000.00. The number of shares now owned by investors are 140.57 mln. The disclosure for this sale can be found here. The average analysts gave this company a mean recommendation of 2.00.
A number of analysts have recently commented on the company. Eagle Asset Management Inc. boosted its position in Carrizo Oil & Gas by 23.5% in the first quarter. They presently have a $43.00 price objective on the oil and gas producer's stock. Finally, Ameriprise Financial Inc. increased its position in Carrizo Oil & Gas by 45.3% in the first quarter. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Mutual of America Capital Management LLC raised its stake in Carrizo Oil & Gas by 0.7% in the first quarter. Wells Fargo & Co cut Extraction Oil & Gas from an "outperform" rating to a "market perform" rating in a report on Wednesday, May 3rd. Capital Research Global Investors increased its position in Carrizo Oil & Gas by 9.7% in the third quarter. Caymus Capital Partners L.P. increased its position in shares of Carrizo Oil & Gas by 978.3% in the first quarter. UBS Asset Management Americas Inc. now owns 56,826 shares of the oil and gas producer's stock valued at $1,629,000 after buying an additional 7,693 shares during the period.