EP Energy Corporation (NYSE:EPE) registered a -4.10% decrease, still its new closing price is 221.25% up from the company’s 1 year high of 7.49.It posted -9.51% losses in previous 5 sessions and is now the subject of 11 analysts who together assign a hold rating on stock. 4 of Wall Street analysts have an underperform rating; the 4 sells versus 1 buy or better ratings. The 21 stock analysts following this company have an average price target at $57.50, with individual PT in the $42.00-$65.00 range. The shares moved at $5.14, implying that brokerage firms see shares gaining about 37.43% in twelve months time.
EP Energy Corporation (EPE) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -21.53% fall year to date. A Vice President & Controller at EP Energy Corporation (EPE) offloaded shares in a transaction closed on Monday November 14, 2016. Olmsted III Francis C sold 5,742 shares in the company at $3.56 each and collected $20,000 in proceeds. Olmsted III Francis C now owns 99,528 shares in the company after this transaction. A EVP & CFO in the company, Whitehead Dane E, disclosed a transaction on Monday May 16, 2016 that ended up generating $0 from the sale of 8 shares at $5.81 per share.
EP Energy Corporation (NYSE:EPE) Upcoming Results on Tap
EP Energy Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.03 in that period. Sales during the quarter are predicted to arrive at $279.57 million.
Earnings surprise history: Last quarter, the company posted approximately $255 million in revenue and EPS of $0.10. The mean forecast was for $349.5 million and $0.21 a share, respectively. One quarter earlier, revenue for the stock was at $100 million, with earnings at $0.21/share.
EP Energy Corporation (EPE) Brokerage Update
EP Energy Corporation (EPE) is in Citigroup’s research list so their analyst rating change is noteworthy. These shares were downgraded to Sell from Neutral by Citigroup, according to news reported on Wednesday January 04, 2017.Another important research note was issued by Goldman on Wednesday September 21, 2016.The firm upgraded EPE to Neutral from Sell. Over the last six months and over the last three months, the shares of EP Energy Corporation (EPE), have changed 23.26% and 20.94%, respectively.