The shares of Cimarex Energy Co. (NYSE:XEC) has been pegged with a rating of In-line by Evercore ISI in its latest research note that was published on March 12th, 2019. Evercore ISI wasn’t the only research firm that published a report of Cimarex Energy Co., with other equities research analysts also giving their opinion on the stock. Imperial Capital advised investors in its research note published on February 22nd, 2019, to Outperform the XEC stock while also putting a $83 price target. The stock had earned Positive rating from Susquehanna when it published its report on February 8th, 2019. That day the Susquehanna set price target on the stock to $88. The stock was given Neutral rating by Mizuho in its report released on January 30th, 2019, the day when the price target on the stock was placed at $80. Barclays was of a view that XEC is Equal Weight in its latest report on January 16th, 2019 while giving it a price target of $81. MKM Partners thinks that XEC is worth Buy rating. This was contained in the firm’s report on December 6th, 2018 in which the stock’s price target was also moved to $108.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 12 believe it has the potential for further growth, thus rating it as Hold while 9 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $92.04. The price of the stock the last time has raised by 27.35% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 53.07.
The shares of the company added by 5.40% during the trading session on Friday, reaching a low of $69.13 while ending the day at $70.83. During the trading session, a total of 2.93 million shares were traded which represents a -108.07% decline from the average session volume which is 1.41M shares. XEC had ended its last session trading at 67.20. Cimarex Energy Co. currently has a market cap of $6.94B, while its P/E ratio stands at 8.52, while its P/E earnings growth sits at 2.97, with a beta of 1.33. Cimarex Energy Co. debt-to-equity ratio currently stands at 0.45, while its quick ratio hovers at 1.90. XEC 52-week low price stands at $55.62 while its 52-week high price is $103.91.
The company in its last quarterly report recorded $1.98 earnings per share which is above the $1.80 predicted by most analysts. The Cimarex Energy Co. generated $624.12 million in revenue during the last quarter, which is slightly lower than the $624.67 million predicted by analysts. In the second quarter last year, the firm recorded $1.99 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -0.51%. Cimarex Energy Co. has the potential to record 8.32 EPS for the current fiscal year, according to equities analysts.
Investment analysts at BofA/Merrill published a research note on April 12th, 2019 where it informed investors and clients that Adient plc (NYSE:ADNT) is now rated as Buy. Imperial Capital also rated ADNT as Reiterated on February 22nd, 2019, with its price target of $83 suggesting that ADNT could down by -19.62% from its current share price. Even though the stock has been trading at $18.24/share, analysts expect it to surge higher by 13.65% to reach $17.33/share. It started the day trading at $21.89 and traded between $19.45 and $20.73 throughout the trading session.
A look at its technical shows that ADNT’s 50-day SMA is 17.07 while its 200-day SMA stands at 29.25. At the moment, only of Adient plc shares were sold short. The company’s average trading volume currently stands at 2.08M shares, which means that the short-interest ratio is just 4.07 days. Over the past seven days, the company moved, with its shift of 27.10%. Looking further, the stock has raised 14.85% over the past 90 days while it lost -34.38% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Davis Selected Advisers LP sold more ADNT shares, decreasing its portfolio by -1.07% during the last quarter. This move now sees Davis Selected Advisers LP selling -121,020 shares in the last quarter, thus it now holds 11,185,755 shares of ADNT, with a total valuation of $144,967,385. Hotchkis Wiley Capital Manageme meanwhile bought more ADNT shares in the recently filed quarter, changing its stake to $105,379,445 worth of shares. BlackRock Fund Advisors followed the path by increasing its ADNT portfolio by +3.98% in the quarter. This means that BlackRock Fund Advisors bought 275,141 shares in the last quarter and now controls 7,189,121 shares of the ADNT stock, with the valuation hitting $93,171,008.
Similarly, Barrow Hanley Mewhinney Strau decreased its Adient plc shares by -51.90% during the recently filed quarter. After selling -5,247,683 shares in the last quarter, the firm now controls 4,862,744 shares of Adient plc which are valued at $63,021,162. In the same vein, Lyrical Asset Management LP increased its Adient plc shares by during the most recent reported quarter. The firm bought 196,272 shares during the quarter which increased its stakes to 3,948,883 shares and is now valued at $51,177,524. Following these latest developments, around 0.30% of Adient plc stocks are owned by institutional investors and hedge funds.