Momentum Stocks Try To Beat Analysts’ Views: Bonanza Creek Energy (NYSE:BCEI), New Gold (NYSE:NGD)

Bonanza Creek Energy Inc. (NYSE:BCEI) [Trend Analysis] luring active investment momentum, shares a loss -7.41% to $1.00. Lets us look over what analysts have to say about performance of the BCEI. 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 $-0.30 as compared to the next year Q1 current trend of $-0.32. While on annual basis the current EPS estimates trend for FY 2017 came in for $-1.11 as compared to three months ago $-1.05.

The stock prices target chart showed high target of 1.00 kept by analysts at WSJ while the average price target was for 0.78 as compared to current price of 1.00. Somehow, the stock managed to gain BUY ratings by 1 analysts in current tenure, 6 recommend as HOLD, 1 stands at Underweight and 2 gave it as a SELL security for current period. Overall, the consensus ratings were for Underweight by the pool of analysts.

The total volume of 9.48 Million shares held in the session was surprisingly higher than its average volume of 2931.87 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -113.40%, and looking further price to next year’s EPS is 24.50%. While take a short look on price to sales ratio, that was 0.56.

Several matter pinch shares of New Gold, Inc. (NYSE:NGD) [Trend Analysis], as shares surging 4.69% to $3.35 with a share volume of 3.98 Million. Finally to see some strong financial remarks by WSJ over NGD performance. Out of the pool of analysts’ 5 gave their BUY ratings on the stock in previous month as 5 analysts having BUY in current month. The stock was ranked as Underweight by 0 analysts while 1 analyst gave SELL rank. Majority ranked Hold from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $0.02 while one month ago this estimate trend was for $0.02. 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 $0.11 and for the one month was for $0.12 as compared to three months ago was for $0.14. Whereas, NGD received highest price target of 7.47 and low target of 3.93. The stock price target chart showed average price target of 5.22 as compared to current price of 3.35.

The stock is going forward its 52-week low with 90.34% and moving down from its 52-week high price with -44.54%. To have technical analysis views, liquidity ratio of a company was calculated 2.30 as evaluated with its debt to equity ratio of 0.37. The float short ratio was 1.74%, as compared to sentiment indicator; Short Ratio was 1.62.

 

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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