12 July, 2017
Their average price target spell out an upbeat performance - a 62% and would give CPE a market capitalization of almost $3.55B. The Company is engaged in the exploration, development, acquisition and production of oil and natural gas properties. It now has negative earnings. The Company focuses on the acquisition and development of unconventional oil and natural gas reserves in the Permian Basin.
Cardinal Capital Management Llc increased Callon Pete Co Del (CPE) stake by 33.38% reported in 2016Q4 SEC filing. Zweig-Dimenna Associates Llc sold 17,680 shares as Consol Energy Inc (CNX)'s stock declined 5.08%. Spitfire Capital Llc owns 361,915 shares or 5.26% of their United States portfolio. Callon Petroleum Co now has $2.08B valuation. Bluecrest Mgmt Ltd invested in 0.23% or 268,989 shares. It is down 21.42% since July 10, 2016 and is uptrending. Etrade Mgmt Lc reported 0.03% in Callon Petroleum Company (NYSE:CPE).
Callon Petroleum Company (NYSE:CPE) last released its quarterly earnings results on Tuesday, May 2nd. The stock's 50 day moving average is $11.27 and its 200-day moving average is $13.10.
Callon Petroleum Company (NYSE:CPE) was downgraded by investment analysts at BidaskClub from a "sell" rating to a "strong sell" rating in a report issued on Tuesday, June 20th. With 5.27M avg volume, 7 days are for Callon Petroleum Company Del (NYSE:CPE)'s short sellers to cover CPE's short positions. The firm has "Buy" rating by Argus Research given on Wednesday, December 16. The legal version of this story can be read at https://sportsperspectives.com/2017/07/12/callon-petroleum-company-cpe-stock-rating-lowered-by-bidaskclub-updated-updated.html. The firm has "Buy" rating by BMO Capital Markets given on Monday, June 26. Imperial Capital has "Outperform" rating and $13 target. RBC Capital Markets maintained the shares of CPE in report on Thursday, July 6 with "Buy" rating. Roth Capital maintained it with "Buy" rating and $2300 target in Thursday, May 25 report. Moreover, Rk Capital Management Llc has 1.93% invested in the company for 289,572 shares. The Bermuda-based Btg Pactual Global Asset Management Ltd has invested 2.98% in the stock. The overall volume in the last trading session was 3.21 million shares. They expect $0.13 earnings per share, up 160.00% or $0.08 from last year's $0.05 per share. After $0.10 actual EPS reported by Callon Petroleum Company for the previous quarter, Wall Street now forecasts 30.00% EPS growth. While the company's share hit the 52 week high on 12/01/16 stationing the value of $18.53. It has underperformed by 4.41% the S&P500.
Since February 14, 2017, it had 0 insider buys, and 1 insider sale for $57,800 activity. On Thursday, February 2 the insider CARPENTER ALVIN R bought $66,832.
Investors sentiment increased to 2.19 in 2016 Q4. Its down 0.08, from 1.07 in 2016Q3. It improved, as 22 investors sold CPE shares while 59 reduced holdings. 48 funds opened positions while 91 raised stakes. 127.96 million shares or 1.27% less from 129.61 million shares in 2016Q3 were reported. Virginia Retirement Et Al stated it has 87,400 shares. Washington-based Marshall Sullivan Inc Wa has invested 0.26% in Chevron Corporation (NYSE:CVX). Bontempo Ohly Cap Mngmt Limited holds 2.33% or 24,259 shares. Ftb Advisors invested in 1,887 shares. (NASDAQ:OSTK). Jpmorgan Chase & holds 0% or 16,870 shares in its portfolio. (NYSE:BLK) for 12,212 shares. American Group Incorporated holds 7,595 shares or 0% of its portfolio. Callon Petroleum had 56 analyst reports since July 21, 2015 according to SRatingsIntel. Aperio Group Llc has 0% invested in Overstock.com, Inc. Raymond James And Associates has 195,857 shares for 0.01% of their portfolio. Adams Natural Resource Fund owns 246,700 shares or 0.56% of their USA portfolio. Envestnet Asset Inc reported 156,558 shares.
Analysts await BlackRock, Inc. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty have assigned a buy rating to the stock. Therefore 38% are positive. The rating was downgraded by Deutsche Bank on Tuesday, August 4 to "Sell". Zacks upgraded it to "Hold" rating and $79 target in Thursday, August 27 report. The rating was initiated by UBS with "Buy" on Thursday, March 23. The rating was initiated by Barclays Capital with "Overweight" on Wednesday, April 26. The stock of BlackRock, Inc. (NYSE:CNX) has "Neutral" rating given on Monday, August 15 by Bank of America. (NYSE:BLK) on Friday, January 15 with "Buy" rating.
P/E of the company is not reported. HST's profit will be $333.90M for 9.79 P/E if the $0.46 EPS becomes a reality. They now have a $10.00 target price on the oil and natural gas company's stock, down from their previous target price of $19.00.
