The shares of Pioneer Energy Services Corp. (NYSE:PES) has been pegged with a rating of Equal Weight by CapitalOne in its latest research note that was published on January 16th, 2019. CapitalOne wasn’t the only research firm that published a report of Pioneer Energy Services Corp., with other equities research analysts also giving their opinion on the stock. Imperial Capital advised investors in its research note published on January 10th, 2019, to In-line the PES stock while also putting a $2 price target. The stock had earned Neutral rating from B. Riley FBR when it published its report on November 20th, 2018. That day the B. Riley FBR set price target on the stock to $3.25. The stock was given In-line rating by Imperial Capital in its report released on September 28th, 2018, the day when the price target on the stock was placed at $3. Jefferies was of a view that PES is Hold in its latest report on July 10th, 2018. Seaport Global Securities thinks that PES is worth Buy rating. This was contained in the firm’s report on December 20th, 2017.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 7 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $2.22. The price of the stock the last time has dropped by -10.37% from its Week high price while it is dropped higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 18.30.
The shares of the company dipped by -23.39% during the trading session on Wednesday, reaching a low of $0.5556 while ending the day at $0.56. During the trading session, a total of 2.81 million shares were traded which represents a -358282.05% decline from the average session volume which is 784.45K shares. PES had ended its last session trading at 0.73. Pioneer Energy Services Corp. currently has a market cap of $51.70M while its P/E earnings growth sits at 0.09, with a beta of 3.16. Pioneer Energy Services Corp. debt-to-equity ratio currently stands at 3.08, while its quick ratio hovers at 1.80. PES 52-week low price stands at $0.62 while its 52-week high price is $6.35.
The company in its last quarterly report recorded -$0.13 earnings per share which is above the -$0.17 predicted by most analysts. The Pioneer Energy Services Corp. generated $146.57 million in revenue during the last quarter, which is slightly higher than the $143.54 million predicted by analysts. In the second quarter last year, the firm recorded -$0.17 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -30.77%. Pioneer Energy Services Corp. has the potential to record -0.68 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Instinet published a research note on February 27th, 2017 where it informed investors and clients that Under Armour, Inc. (NYSE:UA) is now rated as Reduce. Imperial Capital also rated UA as Reiterated on January 10th, 2019, with its price target of $2 suggesting that UA could down by -42.47% from its current share price. Even though the stock has been trading at $21.16/share, analysts expect it to surge higher by 0.99% to reach $15.00/share. It started the day trading at $21.41 and traded between $20.92 and $21.37 throughout the trading session.
A look at its technical shows that UA’s 50-day SMA is 19.62 while its 200-day SMA stands at 19.07. The stock has a high of $23.28 for the year while the low is $15.05. The company’s P/E ratio currently sits at 1526.43, while the P/B ratio is 4.70. At the moment, only of Under Armour, Inc. shares were sold short. The company’s average trading volume currently stands at 2.23M shares, which means that the short-interest ratio is just 3.53 days. Over the past seven days, the company moved, with its shift of 12.77%. Looking further, the stock has raised 10.10% over the past 90 days while it gained 5.74% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Wellington Management Co LLP sold more UA shares, decreasing its portfolio by -1.33% during the last quarter. This move now sees Wellington Management Co LLP selling -418,406 shares in the last quarter, thus it now holds 30,970,721 shares of UA, with a total valuation of $641,713,339. The Vanguard Group Inc meanwhile sold more UA shares in the recently filed quarter, changing its stake to $405,947,110 worth of shares. Bares Capital Management Inc followed the path by decreasing its UA portfolio by -4.78% in the quarter. This means that Bares Capital Management Inc sold -510,415 shares in the last quarter and now controls 10,158,363 shares of the UA stock, with the valuation hitting $210,481,281.
Similarly, Harris Associates LP decreased its Under Armour, Inc. shares by -4.49% during the recently filed quarter. After selling -375,457 shares in the last quarter, the firm now controls 7,987,919 shares of Under Armour, Inc. which are valued at $165,509,682. In the same vein, SSgA Funds Management Inc increased its Under Armour, Inc. shares by during the most recent reported quarter. The firm bought 260,565 shares during the quarter which increased its stakes to 7,739,796 shares and is now valued at $160,368,573. Following these latest developments, around 15.56% of Under Armour, Inc. stocks are owned by institutional investors and hedge funds.