24 July, 2017
The Return on Equity ratio of Carrizo Oil & Gas Inc. (NASDAQ:CRZO) will release their quarterly results. $533,196 worth of Carrizo Oil & Gas Inc (NASDAQ:CRZO) was sold by MORTON GERALD A. On Tuesday, March 28 FISHER JOHN BRADLEY sold $156,327 worth of Carrizo Oil & Gas Inc (NASDAQ:CRZO) or 5,461 shares. $486,557 worth of Carrizo Oil & Gas Inc (NASDAQ:CRZO) was sold by FISHER JOHN BRADLEY on Friday, March 17. The business is scheduled to announce its next quarterly earnings report on Thursday, August 3rd. Equities research analysts forecast that Carrizo Oil & Gas will post $1.08 EPS for the current fiscal year. CRZO was included in 9 notes of analysts from September 6, 2016. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carrizo Oil & Gas Inc. and related companies with MarketBeat.com's FREE daily email newsletter. Previously Carrizo Oil & Gas (NASDAQ:CRZO) reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.05 with surprise factor of 38.5%. For the current year the company's revenue estimates are $748.96 Million compared to low analyst estimates of $660 Million and high estimates of $846 Million according to 18 number of analysts. During the same period past year, the company earned $0.16 EPS. The business's revenue was up 86.3% compared to the same quarter a year ago. On June 21 the company was changed to a "Sell" by Seaport Global which was a cut from the previous "Accumulate" rating.
Taking a broader look brokerage firms' analysts on the street with an expectant view have Carrizo Oil & Gas (NASDAQ:CRZO) high price target of $45 and with a conservative view have low price target of $13. Three research analysts have rated the stock with a sell rating, five have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. The company now has an average rating of Buy and an average price target of $40.72. New Vernon Capital Holdings Ii Llc sold 62,500 shares as the company's stock rose 20.33% with the market. A simple moving average (SMA) is an mathematical moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. Following the sale, the director now owns 30,008 shares of the company's stock, valued at approximately $727,393.92. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Several other hedge funds have also recently modified their holdings of the company. Fiera Capital Corporation stated it has 0.06% of its portfolio in Carrizo Oil & Gas Inc (NASDAQ:CRZO).
Analyst research firms are expressing bullish stance on Carrizo Oil & Gas, Inc. Municipal Employees Retirement System of MI boosted its stake in Carrizo Oil & Gas by 1.0% in the first quarter. State of Alaska Department of Revenue now owns 6,760 shares of the oil and gas producer's stock worth $193,000 after buying an additional 120 shares in the last quarter. Creative Planning raised its position in shares of Carrizo Oil & Gas by 10.3% in the first quarter. Caymus Capital Partners L.P. now owns 1,401,800 shares of the oil and gas producer's stock worth $40,176,000 after buying an additional 1,271,800 shares during the last quarter. Finally, Foundry Partners LLC increased its stake in shares of Carrizo Oil & Gas by 1.9% in the first quarter. State Street Corp now owns 2,964,206 shares of the oil and gas producer's stock worth $84,959,000 after buying an additional 450,443 shares in the last quarter.
Shares of Carrizo Oil & Gas, Inc.
WARNING: This report was originally reported by Transcript Daily and is the property of of Transcript Daily. Carrizo Oil & Gas Inc's -3.03% drop today is critical to its technical outlook. The company's stock had a trading volume of 3,158,177 shares. Carrizo Oil & Gas, Inc. has a 1-year low of $14.58 and a 1-year high of $43.96. The firm's market capitalization is $1.21 billion. On a similar note, the stock is -20% below its 50-day moving average, providing a measure of support for short positions.
Legacy Oil + Gas had its " rating reiterated by analysts at TD Securities. The Company is involved in the exploration, development and production of oil and gas from resource plays located in the United States.