Seaport Global Securities Downgrades Carrizo Oil & Gas, Inc. (CRZO) to Sell

Seaport Global Securities Downgrades Carrizo Oil & Gas, Inc. (CRZO) to Sell

The market capitalization of the company is at $1.05 Billion. Earnings surprises can have a huge impact on a company’s stock price. It has a 13.48 P/E ratio. The Company’s divisions include The Cheesecake Factory restaurants, and other.

Currently, Noble Energy Inc. has a price to earnings ratio of N/A. Analysts and investors may also opt to evaluate a company’s PEG or price to earnings growth ratio. “(CRZO) to Sell” was reported by Chaffey Breeze and is owned by of Chaffey Breeze.

Among 20 analysts covering Carrizo Oil & Gas Inc. (NASDAQ:CRZO)’s stock was -56.76%. Eagle Asset Management Inc. now owns 142,220 shares of the oil and gas producer’s stock worth $4,076,000 after buying an additional 27,036 shares during the period. State Street Corp raised its position in Carrizo Oil & Gas by 17.9% in the first quarter. Sell-side research firms now have a consensus one year price target of $37.52 on the stock according to First Call. About 15.68M shares traded or 8.96% up from the average.

Press coverage about Carrizo Oil & Gas (NASDAQ:CRZO) has trended somewhat negative recently, according to Accern Sentiment. It has underperformed by 16.70% the S&P500. Frontier Capital Management Co.

The counter witnessed a trading volume of 2.53 million shares versus an average volume of 1.85 million shares during last trading session. The Michigan-based Long Road Investment Counsel Llc has invested 1.6% in the stock. Wall Street Access Asset Management Llc, a New York-based fund reported 126,956 shares.

Ratings analysis reveals 75% of Cheesecake Factory’s analysts are positive. (NASDAQ:CRZO) has been assigned an average recommendation of “Buy” from the twenty-one ratings firms that are now covering the stock, Marketbeat reports. Out of the polled analysts providing targets, the high is now $59, while the low is resting at $13. CRZO was included in 9 notes of analysts from September 6, 2016. The firm has “Neutral” rating given on Thursday, October 6 by Mizuho. The stock’s average target of $48.50 is 195.73% above today’s ($16.4) share price. Imperial Capital maintained the shares of CRZO in report on Wednesday, October 19 with “Outperform” rating. Equity research analysts have provided views on where they believe the stock will be trading in the future.

Since January 1, 0001, it had 1 buying transaction, and 12 selling transactions for $3.01 million activity.

About 140,272 shares traded.

Since February 6, 2017, it had 3 buys, and 21 insider sales for $2.22 million activity.

Currently, Carrizo Oil & Gas, Inc. has a price to earnings ratio of N/A. Analysts and investors may also opt to evaluate a company’s PEG or price to earnings growth ratio.

Consequently Carrizo Oil & Gas (NASDAQ:CRZO)’s weekly and monthly volatility is 6.22%, 5.65% respectively. In the last ninety days, insiders sold 152,678 shares of company stock valued at $4,284,690. Northland Capital maintained Carrizo Oil & Gas Inc (NASDAQ:CRZO) on Friday, August 7 with “Outperform” rating. Carrizo Oil & Gas has a 12-month low of $18.31 and a 12-month high of $43.96.

In related news, Director Frank A. Wojtek sold 2,800 shares of the firm’s stock in a transaction that occurred on Tuesday, May 16th.

Investors sentiment increased to 1.57 in Q4 2016.

Frontier Communications Corp (NASDAQ:FTR) soared 8.93% or 0.10 points during previous trade after opening at the price of $1.13. Sold All: 23 Reduced: 65 Increased: 99 New Position: 39. Caymus Capital Partners Limited Partnership owns 130,000 shares. Northwestern Mutual Wealth Mngmt invested in 91 shares or 0% of the stock. Virginia-based Quantitative Investment Management Ltd Liability has invested 0.04% in Carrizo Oil & Gas Inc (NASDAQ:CRZO). Voya Inv Ltd Liability Corporation holds 0.1% or 1.08M shares in its portfolio. Finally, Elkfork Partners LLC purchased a new position in shares of Carrizo Oil & Gas during the fourth quarter worth approximately $132,000. Vanguard Grp Inc holds 0.01% or 5.67 million shares. (:FSP) posted quarterly earnings of $0.27 which compared to the sell-side estimates of 0.26. (CRZO) opened at 18.715 on Friday. Wells Fargo & Com Mn holds 0.01% or 491,572 shares in its portfolio. Carrizo Oil & Gas had a negative net margin of 63.08% and a negative return on equity of 128.17%. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. The business’s revenue was up 86.3% on a year-over-year basis. Arizona State Retirement Sys has 0.02% invested in Carrizo Oil & Gas Inc (NASDAQ:CRZO) for 31,549 shares. The Company’s activities are focused in proven, producing gas and oil plays in the Eagle Ford Shale in South Texas, the Delaware Basin in West Texas, the Utica Shale in OH, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania.

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