Jefferies Group LLC now has a $19.00 target price on the oil and gas company's stock.
P/E of the company is not reported. The stock gained 3.62% in total of its share price. BMO Capital Markets reiterated a market perform rating and set a $16.00 target price on shares of Superior Energy Services in a research report on Wednesday, April 12th. Finally, Barclays PLC reaffirmed a "buy" rating and set a $23.00 price objective on shares of Superior Energy Services in a research note on Tuesday, January 10th. Zacks Investment Research cut shares of Superior Energy Services from a "hold" rating to a "sell" rating in a research report on Tuesday, January 3rd. Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 2.00.
For this year, Superior Energy Services, Inc. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. The consensus rating is 2.3, suggesting the market has given up on the stock. (SPN) has the trading volume of 6.03 Million shares with the average trading volume of 3910 shares. The company's market capitalization is $2.06 billion. In order to determine directional movement, the 50-day and 200-day moving averages for Bioverativ Inc.
Housing agency maintains 'strong' risk rating for national real estate market
Meanwhile, evidence of price acceleration, which may indicate speculative activity, remains moderate, according to the report. Among the changes brought in were a 15 per cent tax on foreign buyers purchasing in the GGH, subject to certain exemptions.
Over the past five trading sessions shares of Kimco Realty Corporation (NYSE:KIM) are -4.45%; -2.66% for the month; -13.47% for the last quarter; -20.64% for the past six-months; and -20.53% for the last 12 months.The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower. (NYSE:SPN) is performing -20.2%. The oil and gas company reported ($0.59) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.61) by $0.02. Superior Energy Services had a negative net margin of 55.65% and a negative return on equity of 17.51%. The business earned $354.40 million during the quarter, compared to analysts' expectations of $339.08 million.
A current consensus EPS projection for next fiscal year is observed at $-0.39 and one month ago consensus EPS forecast was at $-0.33. BlackRock Fund Advisors raised its stake in shares of Superior Energy Services by 3.5% in the third quarter. Tudor Pickering initiated coverage on shares of Superior Energy Services in a report on Thursday, March 23rd. If you are viewing this news story on another site, it was illegally copied and reposted in violation of United States & worldwide copyright legislation. If you are viewing this story on another site, it was stolen and republished in violation of US and worldwide trademark and copyright legislation. The count of Hold ratings in that period was 12.
Several hedge funds have recently added to or reduced their stakes in the company. The correct version of this piece of content can be viewed at https://transcriptdaily.com/2017/04/24/superior-energy-services-inc-forecasted-to-post-q1-2017-earnings-of-0-61-per-share-spn.html. Tyers Asset Management LLC purchased a new position in Superior Energy Services during the fourth quarter worth about $106,000. Flinton Capital Management LLC purchased a new position in Superior Energy Services during the fourth quarter worth about $135,000. Washington Trust Bank boosted its position in Superior Energy Services by 17.7% in the first quarter. Bank of Montreal Can now owns 272,690 shares of the oil and gas company's stock worth $4,881,000 after buying an additional 120,200 shares in the last quarter. They are projecting Next Quarter growth of 5.7%.
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