Rice Energy Inc. (NYSE:RICE) registered a 4.70% increase, still its new closing price is 151.36% up from the company’s 1 year high of 29.36.It posted -8.28% losses in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 10 buy or better ratings. The 27 stock analysts following this company have an average price target at $30.80, with individual PT in the $23.00-$42.00 range. The shares moved at $20.26, implying that brokerage firms see shares gaining about 87.59% in twelve months time.
Rice Energy Inc. (RICE) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -5.11% fall year to date. A See Remarks at Rice Energy Inc. (RICE) offloaded shares in a transaction closed on Tuesday November 29, 2016. Rogers James Wilmot sold 114,523 shares in the company at $25.5 each and collected $2,920,000 in proceeds. Rogers James Wilmot now owns 60,802 shares in the company after this transaction. A Director, 10% Owner in the company, NGP Rice Holdings LLC, disclosed a transaction on Friday April 15, 2016 that ended up generating $153,798,001 from the sale of 9,858,891 shares at $15.6 per share.
Rice Energy Inc. (NYSE:RICE) Upcoming Results on Tap
Rice Energy Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.07 in that period. Sales during the quarter are predicted to arrive at $330.37 million.
Earnings surprise history: Last quarter, the company posted approximately $198.92 million in revenue and EPS of $0.00. The mean forecast was for $218.4 million and $0.02 a share, respectively. One quarter earlier, revenue for the stock was at $156 million, with earnings at $-0.02/share.
Rice Energy Inc. (RICE) Brokerage Update
Rice Energy Inc. (RICE) is in SunTrust’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by SunTrust, according to news reported on Monday January 30, 2017.Another important research note was issued by Williams Capital Group on Tuesday January 24, 2017.The firm upgraded RICE to Buy from Hold. Over the last six months and over the last three months, the shares of Rice Energy Inc. (RICE), have changed -15.55% and -8.37%, respectively.