Looking at top Wall Street opinions, Northern Oil and Gas, Inc. (NYSE: NOG) has recently made its way into the research list of Imperial Capital – signaling that their analyst’s rating adjustment is noteworthy. This stock was Reiterated to a rating of In-line in the eyes of Imperial Capital, as reported on Wednesday, January 23rd, 2019. Another heavy-hitting research note was published by CapitalOne on Tuesday July 31st, 2018, with this firm upgrading NOG to an updated rating of Overweight from its previous rating of Equal Weight. In the past six months and three months of trading, shares of Northern Oil and Gas, Inc. (NOG) have moved by -29.02% and 7.60%, respectively.
Brokerage Updates Related to Northern Oil and Gas, Inc. (NOG) Stock
Not a Single analyst have given underperform rating or sell rating, and 2 have given a rating of Buy or better. Based on the 7 stock market experts following this company, the average 12-month price target is $4.41. Moreover, individual price targets range between $3.00-$5.40. With its recent move to $5.00, we can see that these firms project this stock will gain by 59.17% in one year.
Updates from Northern Oil and Gas, Inc. (NOG) 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 7.90% rise since the beginning of the calendar year.
Northern Oil and Gas, Inc. (NYSE:NOG) Results in the Pipeline
The next scheduled release of financial results for Northern Oil and 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 $0.14. In the same vein, they expect sales for the quarter to amount to $158.29 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $163.00 million in revenue alongside EPS at $0.25. On average, the analyst projection was calling for $102.27 million with $0.11 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $66.85 million, with earnings per share ending up at $0.09.
NetApp, Inc. (NASDAQ:NTAP) experienced a gain of 0.19% from the closing price in the previous trading day. That boost the price to $75.63 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,548,897 shares of stock – compared to the typical average of 2.80M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $78.72.
Pricing Indications for NetApp, Inc. (NTAP)
This organization has had a price-to-earnings ratio of 19.59 in the last year. Meanwhile, it gained 67.50 from its observable 50-day simple moving average. Right at this moment, the per-share value is 3.36% higher than the mean per-share price over the last 200 days in the market.
NetApp, Inc. (NASDAQ:NTAP) 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, 7 have a Buy rating, 8 have an outperform rating, while 10 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 2 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.30, based on information from Thomson Reuters.
NTAP Stock Value Potential
In trading activity as of late, this stock’s value was 73.16 up from its 200 day moving average, while also 12.44% up 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 $53.00-$100.00. The market value for the entire organization reached 18.91B. In the last trading session, the price ended the day at $75.49. The institutional holdings related to this organization account for 0.18%, and the Beta factor is now 1.39. This company’s RSI (Relative Strength Index) managed to hit 73.23.
NetApp, Inc. (NASDAQ:NTAP) Analyst Points of Focus
NetApp, Inc. (NTAP) has found itself inside of Credit Suisse’s research list, so their analyst rating adjustment is worth taking note of. This stock was Initiated to Outperform, by Credit Suisse, as garnered from a news report on Thursday April 11th, 2019. An additional helpful research note was sent out by Cross Research’s on Thursday February 14th, 2019. The brokerage decided to upgrade NTAP to Buy from its previous rating of Hold.