Callon Petroleum Company (NYSE:CPE) registered a -1.40% decrease, still its new closing price is 159.30% up from the company’s 1 year high of 18.53.It posted -5.32% losses in previous 5 sessions and is now the subject of 3 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 9 buy or better ratings. The 25 stock analysts following this company have an average price target at $19.96, with individual PT in the $12.42-$26.00 range. The shares moved at $14.78, implying that brokerage firms see shares gaining about 102.47% in twelve months time.
Callon Petroleum Company (CPE) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -3.84% fall year to date. A Vice President of Land at Callon Petroleum Company (CPE) acquired shares in a transaction closed on Wednesday January 13, 2016. WEANT JERRY A bought 1,000 shares in the company at $6 each and collected $6,000 in proceeds. WEANT JERRY A now owns 4,000 shares in the company after this transaction. A Vice President of Land in the company, WEANT JERRY A, disclosed a transaction on Monday January 11, 2016 that ended up paying $6,001 from the purchase of 1,000 shares at $6.75 per share.
Callon Petroleum Company (NYSE:CPE) Upcoming Results on Tap
Callon Petroleum Company will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.12 in that period. Sales during the quarter are predicted to arrive at $81.79 million.
Earnings surprise history: Last quarter, the company posted approximately $55.93 million in revenue and EPS of $0.09. The mean forecast was for $60.13 million and $0.07 a share, respectively. One quarter earlier, revenue for the stock was at $45.15 million, with earnings at $0.05/share.
Callon Petroleum Company (CPE) Brokerage Update
Callon Petroleum Company (CPE) is in RBC Capital Mkts’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Sector Perform by RBC Capital Mkts, according to news reported on Thursday September 08, 2016.Another important research note was issued by Scotia Howard Weil on Monday May 16, 2016.The firm upgraded CPE to Focus Stock from Sector Outperform. Over the last six months and over the last three months, the shares of Callon Petroleum Company (CPE), have changed 29.31% and 11.80%, respectively.