Looking at top Wall Street opinions, AGNC Investment Corp. (NASDAQ: AGNC) has recently made its way into the research list of Nomura – signaling that their analyst’s rating adjustment is noteworthy. This stock was Neutral in the eyes of Nomura, as reported on Wednesday, March 27th, 2019. Another heavy-hitting research note was published by Keefe Bruyette on Monday January 14th, 2019, with this firm upgrading AGNC to an updated rating of Outperform from its previous rating of Mkt Perform. In the past six months and three months of trading, shares of AGNC Investment Corp. (AGNC) have moved by 2.08% and 1.00%, respectively.
Brokerage Updates Related to AGNC Investment Corp. (AGNC) Stock
This publicly-traded organization generated gains of 0.17% over the last 5 sessions. Right now, this stock is the subject of 9 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a Single analyst have given underperform rating or sell rating, and 0 have given a rating of Buy or better. Based on the 9 stock market experts following this company, the average 12-month price target is $17.88. Moreover, individual price targets range between $17.00-$19.00. With its recent move to $18.00, we can see that these firms project this stock will loss by -3.26% in one year.
Updates from AGNC Investment Corp. (AGNC) 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 0.50% rise since the beginning of the calendar year. A Director at AGNC Investment Corp. (AGNC) bought some of its shares in a transaction that was finalized on Oct 30. Davis Morris A. sold 6,797 shares of the organization’s stock at $19.12 apiece and racked up $129,959 in earnings from the sale.
AGNC Investment Corp. (NASDAQ:AGNC) Results in the Pipeline
The next scheduled release of financial results for AGNC Investment Corp. 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 $0.59. In the same vein, they expect sales for the quarter to amount to $262.08 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $186.00 million in revenue alongside EPS at $0.53. On average, the analyst projection was calling for $188.00 million with $0.61 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $177.00 million, with earnings per share ending up at $0.63.
Akorn, Inc. (NASDAQ:AKRX) experienced a gain of 1.64% from the closing price in the previous trading day. That boost the price to $3.09 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 3,280,949 shares of stock – compared to the typical average of 2.45M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $6.20.
Pricing Indications for Akorn, Inc. (AKRX)
This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 3.72 from its observable 50-day simple moving average. Right at this moment, the per-share value is -63.93% lower than the mean per-share price over the last 200 days in the market.
Akorn, Inc. (NASDAQ:AKRX) 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, 0 have a Buy rating, 2 have an outperform rating, while 6 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 2.70, based on information from Thomson Reuters.
AKRX Stock Value Potential
In trading activity as of late, this stock’s value was 8.50 up from its 200 day moving average, while also -17.43% 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-$11.00. The market value for the entire organization reached 396.17M. In the last trading session, the price ended the day at $3.04. The institutional holdings related to this organization account for 1.60%, and the Beta factor is now 2.75. This company’s RSI (Relative Strength Index) managed to hit 35.51.
Akorn, Inc. (NASDAQ:AKRX) Analyst Points of Focus
Akorn, Inc. (AKRX) has found itself inside of SunTrust’s research list, so their analyst rating adjustment is worth taking note of. This stock was Initiated to Hold, by SunTrust, as garnered from a news report on Wednesday March 20th, 2019. An additional helpful research note was sent out by Piper Jaffray’s on Wednesday October 17th, 2018. The brokerage decided to upgrade AKRX to Overweight from its previous rating of Neutral.