Economy

Parsley Energy, Inc. (PE) Stock Rating Lowered by Zacks Investment Research

A number of other equities analysts also recently issued reports on the company.

Among 11 analysts covering Cott Corporation (NYSE:COT), 8 have Buy rating, 0 Sell and 3 Hold. FBR Capital initiated Parsley Energy Inc (NYSE:PE) rating on Tuesday, September 13. Zacks Investment Research lowered SM Energy from a "hold" rating to a "sell" rating in a research report on Wednesday, July 19th. National Bank Canada downgraded Just Energy Group Inc (NYSE:JE) on Monday, August 17 to "Sector Perform" rating.

Equities researchers at Jefferies Group LLC began coverage on shares of Parsley Energy, Inc.

Among 2 analysts covering Peoples Operator Plc (LON:TPOP), 2 have Buy rating, 0 Sell and 0 Hold. The company now has a consensus rating of Hold and an average price target of $30.15.

Just Energy Group (NYSE:JE) opened at 5.87 on Monday. The company had a trading volume of 111,054 shares. Just Energy Group has a one year low of $4.86 and a one year high of $7.38.

Addenda Capital Inc, which manages about $22.35 billion and $1.34B US Long portfolio, decreased its stake in Thermo Fisher Scientific Inc (NYSE:TMO) by 2,739 shares to 84,322 shares, valued at $14.46M in 2017Q2, according to the filing. The Awesome Oscillator subtracts a 34 period simple moving average (SMA) from a 5 period SMA.

SM Energy (NYSE:SM) last posted its earnings results on Thursday, August 3rd. The energy company reported ($0.32) EPS for the quarter, hitting the Zacks' consensus estimate of ($0.32). The business had revenue of $284.94 million during the quarter, compared to analyst estimates of $299.12 million. The Return on Equity (ROE) and Return on Investment values are -12.1 percent and -11.1 percent respectively. The stock ended last trade at $92.73 a share and the price is up more than 25.11% so far this year. During the same quarter a year ago, the company earned ($0.44) EPS.

WARNING: This article was first published by TrueBlueTribune and is the property of of TrueBlueTribune. If you are accessing this article on another website, it was illegally copied and reposted in violation of USA and global trademark & copyright legislation.

PBF Energy Inc. (PBF Energy) is a holding company. More interesting news about Manulife Financial Corporation (USA) (NYSE:MFC) was released by: Fool.ca and their article: "Is Manulife Financial Corp. a Smart Dividend Play?" with publication date: October 18, 2017. Qs Investors Limited Liability Corporation reported 18,319 shares.

Several large investors have recently added to or reduced their stakes in JE. BNP Paribas Arbitrage SA increased its holdings in shares of SM Energy by 87.2% during the 2nd quarter. After $0.14 actual EPS reported by Just Energy Group Inc for the previous quarter, Wall Street now forecasts -114.29% negative EPS growth. Amalgamated Bank increased its holdings in SM Energy by 3.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 4,716 shares of the oil and natural gas company's stock worth $153,000 after buying an additional 300 shares during the last quarter. Metropolitan Life Insurance Co.

Parsley Energy, Inc.is a holding company. Addenda Capital Inc bought 154,754 shares as the company's stock declined 8.13% while stock markets rallied.

SM Energy Company (SM) has an annual dividend of $0.1, while its annual dividend yield is 0.55%. A stock rating will usually tell the investor how well a stock's market value relates to what analysts believe is a fair value for the stock, based on an objective evaluation of the company. Finally, Proxima Capital Management LLC acquired a new stake in shares of Parsley Energy during the 2nd quarter valued at about $5,966,000. Institutional investors own 96.62% of the company's stock. The Company is an independent oil and natural gas company. It sells its products throughout the Northeast, Midwest, Gulf Coast and West Coast of the United States, as well as in other regions of the United States and Canada, and ships products to other worldwide destinations.



Like this

Latest


21 October 2017
Existing Home Sales Rose for First Time in 4 Months in September
The report said existing home sales in the West surged up by 3.3%, and existing home sales in the Midwest jumped by 1.6%. Distressed sales were 4% of the total in September, unchanged from both August and a year ago.

21 October 2017
Host Garcia shares lead at Valderrama Masters
Consecutive 69s have him 4-under and outright fifth in a field where only 15 players are in red figures through 36 holes. Just a few moments later, Luiten nearly jarred his tee shot at the 12th, and went on to make the birdie putt.

21 October 2017
Walgreens Boots Alliance, Inc. (WBA) Stock Rating Lowered by Zacks Investment Research
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . The Firm operates through three divisions: Retail Pharmacy USA , Retail Pharmacy International and Pharmaceutical Wholesale.

21 October 2017
The Loud House: Series Creator Suspended Over Sexual Harassment Allegations
The show revolves around the chaotic life of a young boy named Lincoln Loud, who is the middle child in a family of eleven kids. If you need help, in any way, you are safe to ask for it.

21 October 2017
This map clearly shows which fast-food restaurant Americans love
Business Insider released a map of the most popular fast-food chains in each state and the victor was the popular chicken chain. Foursquare released data to reveal the most popular fast-food chain in every state.

21 October 2017
Hot Stock to Watch: Stratasys Ltd. (SSYS)
About 7,031 shares traded. (NASDAQ:SSYS) is trading up by 11.22% at $23.30 giving it a place as a top gainer in the market today. On average, equities research analysts predict that Stratasys will post $0.37 earnings per share for the current year.

21 October 2017
Top Gainer of the Day: Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS)
During the last trade, stock's minimum price has been reached out at $25.33 while the maximum trading price moved at $25.98. The difference between the expected and actual EPS was $0.06/share, which represents an Earnings surprise of 22.2%.

21 October 2017
Sreesanth mulls representing another country
Previously, Sreesanth made an attempt to play in the Scottish League but wasn't given the nod by BCCI. In August, a single bench of the court had quashed the BCCI's ban on Sreesanth .

21 October 2017
ICICI Bank Limited (IBN) Given Media Sentiment Rating of 0.20
The most recently updated ratings and price targets from brokers issued for ICICI Bank Limited (NYSE: IBN ) are included below. Media headlines about ICICI Bank Limited (NYSE: IBN ) have trended somewhat positive this week, Accern Sentiment reports.

21 October 2017
Sean Penn lawyers warn Netflix over El Chapo documentary
Netflix said that Penn had numerous opportunities to provide his side of the story, but he had refused to participate. Penn or anyone on his behalf alerted DOJ to the trip is a complete fabrication and bald-faced lie".



Recommended