In last trading session, Callon Petroleum Company (NYSE:CPE) saw 2,043,588 shares changing hands with its beta currently measuring 2.96. Company’s recent per share price level of $4.86 trading at -$0.01 or -0.21% at ring of the bell on the day assigns it a market valuation of $193.19 Million. That closing price of CPE’s stock is at a discount of -924.69% from its 52-week high price of $49.8 and is indicating a premium of 21.81% from its 52-week low price of $3.8. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.72 Million shares which gives us an average trading volume of 2.67 Million if we extend that period to 3-months.
For Callon Petroleum Company (CPE), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.1. Splitting up the data highlights that, out of 17 analysts covering the stock, 3 rated the stock as a Sell while none recommended an Overweight rating for the stock. 10 suggested the stock as a Hold whereas 3 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.05 in the current quarter.
Callon Petroleum Company (NYSE:CPE) trade information
In the face of being in the red today for losing -0.21%, in the last five days CPE remained trading in the green while hitting it’s week-highest on Friday, Oct 09 when the stock touched $5.75-1 price level, adding 15.48% to its value on the day. Callon Petroleum Company’s shares saw a change of -89.94% in year-to-date performance and have moved -12.43% in past 5-day. Callon Petroleum Company (NYSE:CPE) showed a performance of -13.68% in past 30-days. Number of shares sold short was 9.75 Million shares which calculate 3.65 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $8.23 to the stock, which implies a rise of 69.34% to its current value. Analysts have been projecting $1 as a low price target for the stock while placing it at a high target of $18.5. It follows that stock’s current price would jump +280.66% in reaching the projected high whereas dropping to the targeted low would mean a loss of -79.42% for stock’s current value.
Callon Petroleum Company (CPE) estimates and forecasts
Statistics highlight that Callon Petroleum Company is scoring comparatively lower than the scores of other players of the relevant industry. The company added +10.45% of value to its shares in past 6 months, showing an annual growth rate of -59.08% while that of industry is -41.1. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -97.4% in the current quarter and calculating -69.6% decline in the next quarter. This year revenue growth is estimated to rise 41.6% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $249.69 Million for the same. And 8 analysts are in estimates of company making revenue of $253.29 Million in the next quarter that will end in December 01, 2020. Company posted $155.38 Million and $196.09 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 60.7% while estimating it to be 29.2% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -18.2% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -82.3% while estimates for its earnings growth in next 5 years are of 0%