QEP Resources, Inc. (NYSE:QEP) registered a 0.75% increase, still its new closing price is 89.20% up from the company’s 1 year high of 21.12.It posted -6.67% losses in previous 5 sessions and is now the subject of 5 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 19 stock analysts following this company have an average price target at $25.17, with individual PT in the $20.00-$33.00 range. The shares moved at $17.35, implying that brokerage firms see shares gaining about 44.10% in twelve months time.
QEP Resources, Inc. (QEP) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -5.76% fall year to date. A President and CEO at QEP Resources, Inc. (QEP) acquired shares in a transaction closed on Thursday June 30, 2016. STANLEY CHARLES B bought 16,763 shares in the company at $17.85 each and collected $299,000 in proceeds. STANLEY CHARLES B now owns 779,667 shares in the company after this transaction. A President and CEO in the company, STANLEY CHARLES B, disclosed a transaction on Thursday June 30, 2016 that ended up paying $299,000 from the purchase of 16,763 shares at $17.85 per share.
QEP Resources, Inc. (NYSE:QEP) Upcoming Results on Tap
QEP Resources, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.15 in that period. Sales during the quarter are predicted to arrive at $440.28 million.
Earnings surprise history: Last quarter, the company posted approximately $382.4 million in revenue and EPS of $-0.21. The mean forecast was for $358.23 million and $-0.24 a share, respectively. One quarter earlier, revenue for the stock was at $333.7 million, with earnings at $-0.23/share.
QEP Resources, Inc. (QEP) Brokerage Update
QEP Resources, Inc. (QEP) is in FBR & Co.’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Mkt Perform by FBR & Co., according to news reported on Tuesday January 03, 2017.Another important research note was issued by Barclays on Wednesday August 03, 2016.The firm upgraded QEP to Overweight from Equal Weight. Over the last six months and over the last three months, the shares of QEP Resources, Inc. (QEP), have changed -5.14% and 7.36%, respectively.