Looking at top Wall Street opinions, Extraction Oil & Gas, Inc. (NASDAQ: XOG) has recently made its way into the research list of Tudor Pickering – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Hold in the eyes of Tudor Pickering, whereas its previous rating was Buy in the eyes of Tudor Pickering, as reported on Friday, December 14th, 2018. Another heavy-hitting research note was published by JP Morgan on Friday December 7th, 2018, with this firm downgrading XOG to an updated rating of Underweight from its previous rating of Overweight. In the past six months and three months of trading, shares of Extraction Oil & Gas, Inc. (XOG) have moved by -62.73% and -22.61%, respectively.
Brokerage Updates Related to Extraction Oil & Gas, Inc. (XOG) Stock
This publicly-traded organization generated gains of 4.66% over the last 5 sessions. Right now, this stock is the subject of 12 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 1 have given an underperform rating, 0 has given a sell rating, and 3 have given a rating of Buy or better. Based on the 12 stock market experts following this company, the average 12-month price target is $8.33. Moreover, individual price targets range between $4.00-$15.00. With its recent move to $7.00, we can see that these firms project this stock will loss by -69.37% in one year.
Updates from Extraction Oil & Gas, Inc. (XOG) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 2.60% rise since the beginning of the calendar year. A Director at Extraction Oil & Gas, Inc. (XOG) bought some of its shares in a transaction that was finalized on Mar 01. Similarly, Evans Donald L bought 20,000 shares of the organization’s stock at $4.18 apiece and racked up $83,540 in earnings from the purchase.
Extraction Oil & Gas, Inc. (NASDAQ:XOG) Results in the Pipeline
The next scheduled release of financial results for Extraction Oil & Gas, Inc. will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.09. In the same vein, they expect sales for the quarter to amount to $268.08 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $288.17 million in revenue alongside EPS at $0.71. On average, the analyst projection was calling for $282.16 million with $0.43 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $260.20 million, with earnings per share ending up at -$0.29.
Teligent, Inc. (NASDAQ:TLGT) experienced a gain of 13.49% from the closing price in the previous trading day. That boost the price to $1.43 per share, as observed on March 13th, 2019, at a time when the total trading volume reached 2,357,993 shares of stock – compared to the typical average of 338.52K shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $5.33.
Pricing Indications for Teligent, Inc. (TLGT)
This organization has had a price-to-earnings ratio of in the last year. In the most recent trading session, the daily high was $1.6, bringing the per-share value 13.49% high its 52-week high and about -68.36% more expensive than its 52-week low. Meanwhile, it gained 1.57 from its observable 50-day simple moving average. Right at this moment, the per-share value is -50.59% lower than the mean per-share price over the last 200 days in the market.
Teligent, Inc. (NASDAQ:TLGT) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 1 have a Buy rating, 2 have an outperform rating, while 1 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.00, based on information from Thomson Reuters.
TLGT Stock Value Potential
In trading activity as of late, this stock’s value was 2.89 up from its 200 day moving average, while also -9.00% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $4.00-$7.00. The market value for the entire organization reached 86.34M. After the trading day started off at the price of $1.43, these shares nearly bottomed out at its low price of $1.27 and nearly peaked at $1.6 as its full-day high price. In the last trading session, the price ended the day at $1.26. The institutional holdings related to this organization account for 0.10%, and the Beta factor is now 1.61. This company’s RSI (Relative Strength Index) managed to hit 43.55.