Monday, 10 December, 2018

Laredo Petroleum, Inc. (LPI)- Hot Line Stocks At Active Reaffirm Views

Nellie Chapman | 28 January, 2018, 23:39

A number of other research analysts also recently weighed in on LPI. The stock has a market capitalization of $2,793.74, a P/E ratio of 19.92, a PEG ratio of 2.40 and a beta of 1.32. On Wednesday, December 9 the stock rating was initiated by JP Morgan with "Underweight".

The stock of Customers Bancorp, Inc. Stifel Nicolaus reiterated a "buy" rating and issued a $17.00 price objective on shares of Laredo Petroleum in a research report on Wednesday, October 4th. BMO Capital Markets maintained Laredo Petroleum, Inc. On Monday, September 18 the stock rating was maintained by PiperJaffray with "Overweight". The rating was maintained by RBC Capital Markets on Friday, August 28 with "Buy". Piper Jaffray has "Buy" rating and $15.0 target. The company was maintained on Tuesday, August 8 by Bank of America. The rating was upgraded by Seaport Global to "Neutral" on Tuesday, August 30. Analysts have a mean recommendation of 2.30 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 42% are positive. Laredo Petroleum has a one year low of $9.46 and a one year high of $15.15. Current trade price levels places ETN's stock about 0.73% away from the 52-week high and closed 27.08% away from the 52-week low. Laredo Petroleum Holdings Inc had 94 analyst reports since July 21, 2015 according to SRatingsIntel. (NYSE:LPI) has positive 15.90% profit margin that indicates every dollar of sales a firm actually keeps in earnings, and the larger number indicates improving and vise worse. As per Friday, November 6, the company rating was downgraded by Tudor Pickering. BMO Capital Markets maintained Laredo Petroleum, Inc. On Friday, January 20 the stock rating was upgraded by SunTrust to "Buy". KeyCorp now has a "Hold" rating on the stock. The firm earned "In-Line" rating on Thursday, May 26 by Imperial Capital. (NYSE:LPI) has "Market Perform" rating given on Monday, August 10 by Raymond James. The Stock has YTD (year to date) performance of -6.79 percent. The business is expected to issue its next quarterly earnings report on Wednesday, February 21st.

The stock increased 0.77% or $0.25 during the last trading session, reaching $32.78.

Analysts believe that the company has the potential to earn average revenue of $200.99 Million for the current quarter. Lattice Semiconductor Corporation (NASDAQ:LSCC) has risen 35.73% since January 25, 2017 and is uptrending. It has outperformed by 80.86% the S&P500.

Summit Materials, Inc., together with its subsidiaries, produces and sells construction materials and related downstream products. The Company's products include aggregates, cement, ready-mixed concrete, asphalt paving mixes, and concrete products. Price-to-earnings ratio (P/E) looks at the relationship between a company's stock price and its earnings. The Firm has ATR of 0.40 that is explaining range of a day's trading is high-low; ATR expands it to yesterday's closing price if it was outside of latest range. About 67,259 shares traded. It has outperformed by 0.08% the S&P500. KeyCorp also issued estimates for Laredo Petroleum's Q2 2018 earnings at $0.28 EPS, Q3 2018 earnings at $0.26 EPS, Q4 2018 earnings at $0.28 EPS, FY2018 earnings at $1.08 EPS, Q1 2019 earnings at $0.27 EPS, Q2 2019 earnings at $0.29 EPS, Q3 2019 earnings at $0.32 EPS, Q4 2019 earnings at $0.33 EPS and FY2019 earnings at $1.21 EPS. Its up 0.26, from 0.94 in 2017Q2. It increased, as 23 investors sold LPI shares while 41 reduced holdings. 20 funds opened positions while 57 raised stakes. Finally, Castleton Investment Management LLC acquired a new stake in shares of Laredo Petroleum in the second quarter valued at approximately $315,000.

Several analysts have released their opinion on Laredo Petroleum, Inc. (NYSE:LPI) or 33,513 shares. Laredo Petroleum presently has a consensus rating of "Hold" and an average price target of $13.78. Previously Laredo Petroleum Holdings Inc (NYSE:LPI) reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by $-0.01 with surprise factor of -7.1%. (NYSE:LPI). New York-based Tower Capital Limited Co (Trc) has invested 0% in Laredo Petroleum, Inc. Geode Capital Ltd Liability holds 0.01% or 1.14 million shares in its portfolio. Columbia Pacific Advisors Llc, a Washington-based fund reported 264,150 shares. Shares are clocking price at $85.12 with change of 0.90%.

Trafelet Brokaw Capital Management L.P. holds 17.77% of its portfolio in Applied Optoelectronics, Inc. for 375,455 shares. Vaughan Nelson Management LP has invested 0.6% in Laredo Petroleum, Inc. See Laredo Petroleum, Inc. Jpmorgan Chase & reported 0% of its portfolio in Laredo Petroleum, Inc. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the longer-term moving average. It operates through two divisions, Exploration and Production of Oil and Natural Gas Properties; and Midstream and Marketing.

Eaton Corporation plc (ETN) is analyzed based on price earnings (P/E) ratio. The Company is focused on the acquisition, exploration and development of oil and natural gas properties, and the transportation of oil and natural gas from such properties primarily in the Permian Basin in West Texas.