The shares of Laredo Petroleum, Inc. (NYSE:LPI) has been pegged with a rating of Hold by Societe Generale in its latest research note that was published on February 15th, 2019. Societe Generale wasn’t the only research firm that published a report of Laredo Petroleum, Inc., with other equities research analysts also giving their opinion on the stock. MKM Partners advised investors in its research note published on February 15th, 2019, to Neutral the LPI stock. The stock had earned Neutral rating from Piper Jaffray when it published its report on January 9th, 2019. The stock was given Underweight rating by CapitalOne in its report released on December 20th, 2018. Credit Suisse was of a view that LPI is Underperform in its latest report on December 19th, 2018. MKM Partners thinks that LPI 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 $8.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 10 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $4.27. The price of the stock the last time has raised by 12.14% 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 47.78.
The shares of the company dipped by -1.87% during the trading session on Monday, reaching a low of $3.14 while ending the day at $3.14. During the trading session, a total of 3.64 million shares were traded which represents a 33.35% incline from the average session volume which is 5.46M shares. LPI had ended its last session trading at 3.20. Laredo Petroleum, Inc. currently has a market cap of $723.05M, while its P/E ratio stands at 2.25, while its P/E earnings growth sits at 0.65, with a beta of 1.48. Laredo Petroleum, Inc. debt-to-equity ratio currently stands at 0.84, while its quick ratio hovers at . LPI 52-week low price stands at $2.80 while its 52-week high price is $11.18.
The company in its last quarterly report recorded $0.16 earnings per share which is below the $0.24 predicted by most analysts. The Laredo Petroleum, Inc. generated $215.29 million in revenue during the last quarter, which is slightly lower than the $233.71 million predicted by analysts. In the second quarter last year, the firm recorded $0.27 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -68.75%. Laredo Petroleum, Inc. has the potential to record 1.39 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Jefferies published a research note on April 8th, 2019 where it informed investors and clients that New York Community Bancorp, Inc. (NYSE:NYCB) is now rated as Hold. Their price target on the stock stands at $12. MKM Partners also rated NYCB as Downgrade on February 15th, 2019, with its price target of $70 suggesting that NYCB could down by -1.36% from its current share price. Even though the stock has been trading at $12.00/share, analysts expect it to surge higher by -0.75% to reach $11.75/share. It started the day trading at $12.01 and traded between $11.86 and $11.91 throughout the trading session.
A look at its technical shows that NYCB’s 50-day SMA is 12.00 while its 200-day SMA stands at 10.77. The stock has a high of $13.07 for the year while the low is $8.61. The company’s P/E ratio currently sits at 15.10, while the P/B ratio is 0.94. At the moment, only of New York Community Bancorp, Inc. shares were sold short. The company’s average trading volume currently stands at 5.59M shares, which means that the short-interest ratio is just 7.77 days. Over the past seven days, the company moved, with its shift of 0.59%. Looking further, the stock has raised 17.11% over the past 90 days while it gained 17.69% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. BlackRock Fund Advisors bought more NYCB shares, increasing its portfolio by +2.75% during the last quarter. This move now sees BlackRock Fund Advisors purchasing 1,362,737 shares in the last quarter, thus it now holds 50,827,564 shares of NYCB, with a total valuation of $588,074,915. The Vanguard Group Inc meanwhile bought more NYCB shares in the recently filed quarter, changing its stake to $518,926,220 worth of shares. Barrow Hanley Mewhinney Strau followed the path by increasing its NYCB portfolio by +7.74% in the quarter. This means that Barrow Hanley Mewhinney Strau bought 2,960,395 shares in the last quarter and now controls 41,199,922 shares of the NYCB stock, with the valuation hitting $476,683,098.
Similarly, Goldman Sachs Co LLC decreased its New York Community Bancorp, Inc. shares by -26.06% during the recently filed quarter. After selling -5,215,372 shares in the last quarter, the firm now controls 14,799,285 shares of New York Community Bancorp, Inc. which are valued at $171,227,727. In the same vein, Alecta Pension Insurance Mutual decreased its New York Community Bancorp, Inc. shares by during the most recent reported quarter. The firm sold 0 shares during the quarter which decreased its stakes to 10,400,000 shares and is now valued at $120,328,000. Following these latest developments, around 1.90% of New York Community Bancorp, Inc. stocks are owned by institutional investors and hedge funds.