Looking at top Wall Street opinions, Patterson-UTI Energy, Inc. (NASDAQ: PTEN) has recently made its way into the research list of Goldman – signaling that their analyst’s rating adjustment is noteworthy. This stock was Neutral in the eyes of Goldman, as reported on Monday, March 11th, 2019. Another heavy-hitting research note was published by JP Morgan on Thursday January 17th, 2019, with this firm downgrading PTEN to an updated rating of Neutral from its previous rating of Overweight. In the past six months and three months of trading, shares of Patterson-UTI Energy, Inc. (PTEN) have moved by -20.52% and -5.60%, respectively.
Brokerage Updates Related to Patterson-UTI Energy, Inc. (PTEN) Stock
This publicly-traded organization generated losses of -0.70% over the last 5 sessions. Right now, this stock is the subject of 24 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Not a Single analyst have given underperform rating or sell rating, and 9 have given a rating of Buy or better. Based on the 24 stock market experts following this company, the average 12-month price target is $17.95. Moreover, individual price targets range between $12.00-$28.00. With its recent move to $18.00, we can see that these firms project this stock will loss by -43.82% in one year.
Updates from Patterson-UTI Energy, Inc. (PTEN) 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 2.10% rise since the beginning of the calendar year. A Director at Patterson-UTI Energy, Inc. (PTEN) bought some of its shares in a transaction that was finalized on Dec 26.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Results in the Pipeline
The next scheduled release of financial results for Patterson-UTI Energy, Inc. will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be -$0.21. In the same vein, they expect sales for the quarter to amount to $693.44 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $704.17 million in revenue alongside EPS at -$0.14. On average, the analyst projection was calling for $795.94 million with -$0.04 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $867.48 million, with earnings per share ending up at -$0.10.
AXA Equitable Holdings, Inc. (NYSE:EQH) experienced a gain of 0.61% from the closing price in the previous trading day. That boost the price to $21.41 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,302,477 shares of stock – compared to the typical average of 3.09M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $24.92.
Pricing Indications for AXA Equitable Holdings, Inc. (EQH)
This organization has had a price-to-earnings ratio of 6.66 in the last year. Meanwhile, it gained 21.38 from its observable 50-day simple moving average. Right at this moment, the per-share value is 5.07% higher than the mean per-share price over the last 200 days in the market.
AXA Equitable Holdings, Inc. (NYSE:EQH) 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, 2 have a Buy rating, 6 have an outperform rating, while 5 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 2.30, based on information from Thomson Reuters.
EQH Stock Value Potential
In trading activity as of late, this stock’s value was 20.37 up from its 200 day moving average, while also 0.27% 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 $20.00-$30.00. The market value for the entire organization reached 11.63B. In the last trading session, the price ended the day at $21.28. This company’s RSI (Relative Strength Index) managed to hit 44.11.
AXA Equitable Holdings, Inc. (NYSE:EQH) Analyst Points of Focus
AXA Equitable Holdings, Inc. (EQH) has found itself inside of Wells Fargo’s research list, so their analyst rating adjustment is worth taking note of. This stock was Initiated to Market Perform, by Wells Fargo, as garnered from a news report on Tuesday January 8th, 2019. An additional helpful research note was sent out by Evercore ISI’s on Friday June 29th, 2018. The brokerage decided to initiated EQH to Outperform.