Wall Street analysts will be watching closely when Callon Petroleum Company (NYSE:CPE) reports its quarterly earnings next, which is scheduled for Tue 26 Feb (In 14 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.21 per share. In the preceding quarter, the company reportedly generated EPS of $0.21 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 46.90%, a profit margin of 29.40% and a gross margin of 83.40%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Callon Petroleum Company (NYSE:CPE). Most recently, on January 23rd, 2019, Citigroup Upgrade a Buy rating. Before that, on January 16th, 2019, Barclays Downgrade to Equal Weight. CapitalOne Upgrade a Overweight rating on January 9th, 2019, CapitalOne Downgrade an Equal Weight rating on December 20th, 2018, and Tudor Pickering Downgrade a Hold rating on December 14th, 2018.
At its current price point, combined with the fact that this company has 231.00M shares outstanding, the current market capitalization sits at 1.71B. In the last trading day, 21,000,910 shares of Callon Petroleum Company were traded, which compares to its usual volume of about 5.50M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$0.93 in the past five trading days, resulting in a percentage change of -11.18% and a moving average of 8.01. In the past 20 days, its price changed by -$0.91 (which is -10.96%) and the stock’s moving average was 8.14. Looking back a full 50 days, shares of CPE changed by -$1.42 (which is -16.12%) and demonstrated a moving average of 7.74.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 27.69%, a 14-day Stochastic %K score of 29.38% and a 20-day Stochastic %K score of 28.62%. Using a similar metric, Callon Petroleum Company (CPE) shares showed a Stochastic %D of 38.31% over the past 9 days, a Stochastic %D score of 40.00% over the last 14 days, and a 20-day Stochastic %D of 36.43%. Meanwhile, this stock’s MACD Oscillator was -0.32 over the past 9 days, -0.31 over the past two weeks, and -0.32 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $7.39 level. Over the past 12 months, this stock has experienced a high price of $14.65 and a low of $5.57. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
BlackRock Fund Advisors purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Callon Petroleum Company (NYSE:CPE) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 24,605,267 shares of the company’s stock following the addition of 1,211,835 to this investor’s holdings during the three-month period. This share count represents that BlackRock Fund Advisors now held 10.81% stake in Callon Petroleum Company (CPE)’s shares.
Just in the most recent trading day, Callon Petroleum Company (NYSE:CPE) experienced a high price of $7.9 and low point of $7.12. At the end of the last trading session, this stock was at 7.39 per share, following a loss of -$0.24, or -8.54% during the full day.