Sunday, 19 November, 2017

Impact of Brokerage Rating on Laredo Petroleum, Inc.(LPI)

Nellie Chapman | 17 February, 2017, 01:44

According to FactSet data, LPI stock has received different ratings from Financial Analysts. (NYSE:LPI) in which Credit Suisse Downgrades Laredo Petroleum, Inc. 3 Months Ago, LPI's stock has been recommended as BUY from 5 and 3 given OVERWEIGHT rating for the company. Raymond James Maintains the company's stock to Outperform on 9/08/16 by setting a price target of $17. Tudor Pickering raised Laredo Petroleum from a "hold" rating to a "buy" rating in a research note on Wednesday, January 18th.

VEREIT, Inc. (NYSE:VER), stock is trading $10.91 above the 52-week high.

Laredo Petroleum, Inc. has 1 year price target of $15.44. While some analysts have a High Price target for the stock of $20 and a Low Price Target of $3. The shares have been given a mean Hold rating keeping in view the consensus of 26 Analysts. (NYSE:LPI) where 3 analyst have rated the stock as Strong Buy, 7 analysts said it's a Buy, 13 rated the stock as Hold, 3 analysts reported Underperform and 0 analysts gave their recommendations as Sell. State of Wisconsin Investment Board now owns 91,480 shares of the company's stock worth $1,180,000 after buying an additional 4,100 shares during the period.

Chairman & CEO, Foutch Randy A, purchased 22,072 common shares of Laredo Petroleum, Inc. (NYSE:LPI) reported its EPS in the last quarter as $0.12/Share lagging the analyst estimate of $0.12/Share by the difference of $0. KLR Group raised Laredo Petroleum from an "accumulate" rating to a "buy" rating and set a $17.00 target price for the company in a research note on Friday, January 20th. Earnings per share for the recently concluded quarter is expected to come in at $0.16 a share with $160.73M in revenue.

LPI has been the subject of several other reports. Thus the company showed an Earnings Surprise of 0 Percent. This Oils-Energy Sector stock now has the Market Capitalization of 3.36 Billion. The last trading session volume compares with the 3.17M average and market worth floats around 3.36B. Laredo Petroleum has a 12-month low of $3.90 and a 12-month high of $16.47. The daily volume was measured at 2,351,198 shares. Currently, the company has SMA200 (200-day simple moving average) of 12.53 Percent.

Laredo Petroleum, Inc. (NYSE:LPI) reported its previous quarter on 11/02/2016 where it reported the Actual Earnings of $0.12. The Return on Assets stands at -70.8%, Return on Equity shows 0% and Return on Investment value is -150.3%.

Laredo Petroleum, Inc. (NYSE:LPI) rose 1.42% or 0.2 points on Tuesday and made its way into the gainers of the day. The Monthly and Yearly performances are -0.14 percent and 161.3 percent respectively. (NYSE:LPI) beats earnings by 50%, The Stock Missed Earnings 3 times and has met earnings 3 times. The Stock now has a Weekly Volatility of 3.86% and Monthly Volatility of 4.11%. In the final minutes of trading on Wednesday, shares hit $14.33, almost tripling in the last 12 months.

Laredo Petroleum, Inc. Gross Margin percentage stands at 48.5% while its Operating Margin for trailing twelve month is 0 percent and Profit margin (ttm) is 0 Percent.