Is It Right Time to Be Bullish on Carrizo Oil & Gas, Inc. (CRZO), The Mosaic Company (MOS)?

The shares of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) has been pegged with a rating of Hold by Jefferies in its latest research note that was published on July 15th, 2019. Jefferies wasn’t the only research firm that published a report of Carrizo Oil & Gas, Inc., with other equities research analysts also giving their opinion on the stock. Wells Fargo advised investors in its research note published on May 20th, 2019, to Market Perform the CRZO stock while also putting a $15 price target. The stock had earned Equal-Weight rating from Stephens when it published its report on March 29th, 2019. That day the Stephens set price target on the stock to $15. The stock was given Overweight rating by KeyBanc Capital Mkts in its report released on January 31st, 2019, the day when the price target on the stock was placed at $14.50. CapitalOne was of a view that CRZO is Equal Weight in its latest report on December 20th, 2018. Tudor Pickering thinks that CRZO is worth Hold rating. This was contained in the firm’s report on December 14th, 2018.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 14 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $17.96. The price of the stock the last time has raised by 10.88% 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 41.65.

The shares of the company dipped by -7.71% during the trading session on Thursday, reaching a low of $9.38 while ending the day at $9.58. During the trading session, a total of 13.28 million shares were traded which represents a -180.17% decline from the average session volume which is 4.74M shares. CRZO had ended its last session trading at 10.38. Carrizo Oil & Gas, Inc. currently has a market cap of $889.60M, while its P/E ratio stands at 1.73, while its P/E earnings growth sits at 0.83, with a beta of 2.13. Carrizo Oil & Gas, Inc. debt-to-equity ratio currently stands at 1.52, while its quick ratio hovers at 0.30. CRZO 52-week low price stands at $8.64 while its 52-week high price is $29.58.

The company in its last quarterly report recorded $0.47 earnings per share which is above the $0.41 predicted by most analysts. The Carrizo Oil & Gas, Inc. generated $233.04 million in revenue during the last quarter, which is slightly higher than the $227.11 million predicted by analysts. In the second quarter last year, the firm recorded $0.56 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -19.15%. Carrizo Oil & Gas, Inc. has the potential to record 5.54 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Cowen published a research note on June 25th, 2019 where it informed investors and clients that The Mosaic Company (NYSE:MOS) is now rated as Outperform. Their price target on the stock stands at $30. Wells Fargo also rated MOS as Resumed on May 20th, 2019, with its price target of suggesting that MOS could surge by 26.61% from its current share price. Even though the stock has been trading at $23.86/share, analysts expect it to surge higher by -0.13% to reach $32.47/share. It started the day trading at $23.88 and traded between $23.42 and $23.83 throughout the trading session.

A look at its technical shows that MOS’s 50-day SMA is 23.11 while its 200-day SMA stands at 28.91. The stock has a high of $37.37 for the year while the low is $20.81. The company’s P/E ratio currently sits at 16.53, while the P/B ratio is 0.87. At the moment, only of The Mosaic Company shares were sold short. The company’s average trading volume currently stands at 5.22M shares, which means that the short-interest ratio is just 2.11 days. Over the past seven days, the company moved, with its shift of 5.96%. Looking further, the stock has dropped -11.41% over the past 90 days while it lost -24.33% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more MOS shares, increasing its portfolio by +2.62% during the last quarter. This move now sees The Vanguard Group Inc purchasing 1,037,049 shares in the last quarter, thus it now holds 40,546,762 shares of MOS, with a total valuation of $1,014,885,453. SSgA Funds Management Inc meanwhile bought more MOS shares in the recently filed quarter, changing its stake to $493,676,151 worth of shares. BlackRock Fund Advisors followed the path by increasing its MOS portfolio by +0.13% in the quarter. This means that BlackRock Fund Advisors bought 22,731 shares in the last quarter and now controls 17,916,657 shares of the MOS stock, with the valuation hitting $448,453,925.

Similarly, Fidelity Management Research Co decreased its The Mosaic Company shares by -24.60% during the recently filed quarter. After selling -4,341,083 shares in the last quarter, the firm now controls 13,305,453 shares of The Mosaic Company which are valued at $333,035,489. In the same vein, Citadel Advisors LLC increased its The Mosaic Company shares by during the most recent reported quarter. The firm bought 7,098,437 shares during the quarter which increased its stakes to 9,114,983 shares and is now valued at $228,148,024. Following these latest developments, around 0.20% of The Mosaic Company stocks are owned by institutional investors and hedge funds.