The Callon Petroleum Company (CPE) Upgraded to "Buy" at Eurobank EFG

Cornelia Mascio
Aprile 27, 2017

This company shares are 127.5% off its target price of $8.19 and the current market capitalization stands at $301.61M.

Watching some historical volatility numbers on shares of Callon Petroleum Company (NYSE:CPE), we can see that the 12 month volatility is presently 41.856800. The firm had revenue of $69.10 million for the quarter, compared to the consensus estimate of $72.03 million.

Analysts expect Callon Petroleum Company (NYSE:CPE) to report $0.12 EPS on May, 3.CPE's profit would be $24.81M giving it 25.40 P/E if the $0.12 EPS is correct. Capital Management Associates NY bought a new position in Callon Petroleum Company during the third quarter worth about $471,000.

CPE has a 1-year high price of $ 18.53 and 1-year low price of $9.89.

01/31/2017 - Callon Petroleum Company had its "outperform" rating reiterated by analysts at Credit Suisse. The stock now has Weekly Volatility of 3.60% and Monthly Volatility of 3.70%. The company's last traded volume of 5.34 million shares was more it's an average volume of 5.42 million shares. These analysts have also projected a Low Estimate of $0.04/share and a High Estimate of $0.15/share.

The company reported an impressive total revenue of 200.85 Million in the last fiscal year. Neuberger Berman Group LLC acquired a new position in shares of Callon Petroleum Company during the third quarter worth about $290,000. The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC. A ratio over one indicates an increase in share price over the period. Beta value of the stock is marked at 1.68. The company now has a consensus rating of "Buy" and a consensus target price of $18.04. Eurobank EFG upgraded Callon Petroleum Company from a "hold" rating to a "buy" rating and set a $17.00 price target on the stock in a research report on Thursday, April 13th. The firm's revenue for the quarter was up 105.7% on a year-over-year basis. Nationwide Fund Advisors increased its position in shares of Callon Petroleum Company by 38.4% in the third quarter.

Among 3 analysts covering Ashtead (OTCMKTS:ASHTF), 1 have Buy rating, 1 Sell and 1 Hold. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S. and worldwide copyright & trademark legislation. Ladenburg Thalmann Financial Services Inc.'s holdings in Callon Petroleum Company were worth $114,000 as of its most recent filing with the SEC.

COPYRIGHT VIOLATION WARNING: "FY2018 EPS Estimates for Callon Petroleum Company (CPE) Increased by Capital One Financial Corp." was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. Canaccord Genuity restated a "buy" rating and set a $22.00 target price on shares of Callon Petroleum Company in a report on Tuesday, February 28th. They set a "buy" rating and a $21.00 price objective for the company.

In related news, VP Jerry A. Weant sold 4,000 shares of Callon Petroleum Company stock in a transaction that occurred on Tuesday, February 14th. The stock returns do not impact the head to head compare scores which are focused on the fundamentals of each company, but ultimately stock returns are are still a critical piece to a full analysis and compare. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. Finally, Mesirow Financial Investment Management Equity Management raised its position in Callon Petroleum Company by 3,555.7% in the third quarter. Emerald Advisers Inc. PA now owns 880,176 shares of the oil and natural gas company's stock worth $13,819,000 after buying an additional 100,603 shares during the last quarter.

Callon Petroleum Company is an independent oil and natural gas company. The Firm is engaged in the exploration, development, acquisition and production of oil and natural gas properties. Emerald Mutual Fund Advisers Trust now owns 972,497 shares of the oil and natural gas company's stock worth $15,268,000 after buying an additional 149,940 shares during the last quarter. The Company's drilling activity focuses on the horizontal development of various prospective intervals in the Midland Basin, including multiple levels of the Wolfcamp formation and the Lower Spraberry shale.

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