EPS Estimates Lure Passive Investments: W&T Offshore, Inc. (NYSE:WTI), Range Resources Corporation (NYSE:RRC)

W&T Offshore, Inc. (NYSE:WTI) [Trend Analysis] climbed reacts as active mover, shares an advance 0.33% to traded at $3.03 and the percentage gap between open changing to regular change was 4.30%.

Lets us look over what analysts have to say about performance of the WTI. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $-0.13 as compared to the next year Q1 current trend of $-0.14. While on annual basis the current EPS estimates trend for FY 2017 came in for $-0.28 as compared to three months ago $-0.45.

The stock prices target chart showed high target of 4.00 kept by analysts at WSJ while the average price target was for 2.75 as compared to current price of 3.03. Somehow, 2 recommend as HOLD, 1 stands at Underweight and 1 gave it as a SELL security for current period. Overall, the consensus ratings were for Underweight by the pool of analysts.

The firm’s current ratio calculated as 0.60 for the most recent quarter. The firm past twelve months price to sales ratio was 1.00 and price to cash ratio remained 5.30. As far as the returns are concern, the return on equity was recorded as 46.10% and return on investment was -140.60% while its return on asset stayed at -29.20%.

Range Resources Corporation (NYSE:RRC) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -2.15% to close at $33.24 with the total traded volume of 4.08 Million shares. Finally to see some strong financial remarks by WSJ over RRC performance. Out of the pool of analysts 20 gave their BUY ratings on the stock in previous month as 21 analysts having BUY in current month. The stock was ranked as Underweight by 0 analysts while 1 analyst gave SELL rank. Majority ranked Overweight from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $0.08 while one month ago this estimate trend was for $0.08. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $0.47 and for the one month was for $0.43 as compared to three months ago was for $0.26. Whereas, RRC received highest price target of 62.00 and low target of 28.00. The stock price target chart showed average price target of 48.15 as compared to current price of 33.24. The firm has institutional ownership of 89.20%, while insider ownership included 0.30%. Its price to sales ratio ended at 7.43. RRC attains analyst recommendation of 2.20 with week performance of -5.51%.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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