Wall Street analysts will be watching closely when Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) reports its quarterly earnings next, which is scheduled for Mon 6 May (In 20 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.63 per share. In the preceding quarter, the company reportedly generated EPS of $0.56 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 43.70%, a profit margin of 35.30% and a gross margin of 79.10%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO). Most recently, on March 29th, 2019, Stephens Initiated a Equal-Weight rating. Before that, on January 31st, 2019, KeyBanc Capital Mkts Initiated to Overweight. CapitalOne Downgrade a Equal Weight rating on December 20th, 2018, Tudor Pickering Downgrade an Hold rating on December 14th, 2018, and Seaport Global Securities Downgrade a Neutral rating on December 10th, 2018.
At its current price point, combined with the fact that this company has 88.37M shares outstanding, the current market capitalization sits at 1.10B. In the last trading day, 2,908,465 shares of Carrizo Oil & Gas, Inc. were traded, which compares to its usual volume of about 3.39M 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 -$0.64 in the past five trading days, resulting in a percentage change of -4.89% and a moving average of 12.75. In the past 20 days, its price changed by $0.53 (which is +4.45%) and the stock’s moving average was 12.60. Looking back a full 50 days, shares of CRZO changed by -$0.58 (which is -4.45%) and demonstrated a moving average of 11.98.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 45.88%, a 14-day Stochastic %K score of 46.10% and a 20-day Stochastic %K score of 51.75%. Using a similar metric, Carrizo Oil & Gas, Inc. (CRZO) shares showed a Stochastic %D of 51.29% over the past 9 days, a Stochastic %D score of 53.01% over the last 14 days, and a 20-day Stochastic %D of 58.82%. Meanwhile, this stock’s MACD Oscillator was -0.19 over the past 9 days, -0.04 over the past two weeks, and 0.05 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $12.45 level. Over the past 12 months, this stock has experienced a high price of $31.57 and a low of $9.67. 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 Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 11,667,531 shares of the company’s stock following the addition of 90,711 to this investor’s holdings during the three-month period. This share count represents that BlackRock Fund Advisors now held 12.73% stake in Carrizo Oil & Gas, Inc. (CRZO)’s shares.
Just in the most recent trading day, Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) experienced a high price of $12.72 and low point of $12.16. At the end of the last trading session, this stock was at 12.45 per share, following a loss of -$12.6, or -1.19% during the full day.