Laredo Petroleum, Inc. (LPI) Expected to Announce Earnings of $0.14 Per Share

Cornelia Mascio
Settembre 17, 2017

The expected future growth in earnings per share ("EPS") is an incredibly important identifying an under-valued stock. 241.43 million shares or 2.18% less from 246.81 million shares in 2016Q3 were reported. With 2.28 million avg volume, 9 days are for Laredo Petroleum Incorporated (NYSE:LPI)'s short sellers to cover LPI's short positions.

The stock has Return on Assets (ROA) of 6.6 percent. Shares saw a steep increase in trading volume of 139.44% over the normal average daily volume. Vanguard Group Inc. increased its position in Laredo Petroleum by 11.1% in the second quarter. It has outperformed by 0.95% the S&P500. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.40, which implies that analysts are generally neutral in their outlook for LPI over the next year. Therefore 75% are positive. Iamgold Corp has $216 highest and $1.50 lowest target. The stock now has an average rating of Hold and an average price target of $14.72. Sun Communities had 8 analyst reports since August 12, 2015 according to SRatingsIntel. They set a "buy" rating and a $18.75 price objective for the company. The rating was downgraded by Barclays Capital to "Equal-Weight" on Tuesday, November 29. The institutional investors might have bought a large chunk of stocks of the company. On Saturday, August 15 the stock rating was maintained by Scotia Capital with "Sector Perform". The stock has "Reduce" rating by KLR Group on Thursday, October 15. (LPI) are stable and safe compared to the lower market capitalization companies. The company was maintained on Monday, April 24 by Seaport Global.

How Active Are Laredo Petroleum, Inc. The company has market cap of $2.95 billion. 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. Now has a PEG ratio of - where as its P/E ratio is -. The Company operates through two segments: Exploration and production of oil and natural gas properties, and Midstream and marketing.

Short traders are feeling a little more bullish on shares of Laredo Petroleum, Inc. of late at least if you consider the change in short interest. Therefore 42% are positive. Laredo Petroleum Holdings Inc had 78 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained Ryder System, Inc. (NYSE:LPI) was gathering the crowd in the stock market. Drexel Hamilton initiated coverage on shares of Laredo Petroleum in a report on Thursday, December 15th.

Investors sentiment decreased to 0.94 in 2016 Q4.

Beta values for the above stocks are 1.45, 0.85, 1.00.

Analysts predict that Laredo Petroleum, Inc. 24 funds opened positions while 43 raised stakes.

Shares of Visa Inc. Axa holds 35,461 shares or 0% of its portfolio. The New York-based Bnp Paribas Arbitrage Sa has invested 0% in Laredo Petroleum Inc (NYSE:LPI). As of the end of the quarter Point72 Asset Management, L.p. had acquired a total of 378,400 shares growing its stake by 10.1%. Comerica Bancshares owns 18,762 shares. Missouri-based American Century has invested 0% in Laredo Petroleum Inc (NYSE:LPI). (NYSE:LPI) shares were up 4.54% to reach $12.20. Tudor Et Al stated it has 11,362 shares. Credit Suisse Ag holds 120,762 shares. Moreover, Stevens Capital Mngmt Ltd Partnership has 0.01% invested in Laredo Petroleum Inc (NYSE:LPI). Encompass Capital Advsr Limited Co invested 0.48% of its portfolio in Laredo Petroleum Inc (NYSE:LPI). KeyCorp reiterated a "hold" rating on shares of Laredo Petroleum in a research note on Friday, September 1st.

The stock decreased 1.35% or $0.09 on September 15, reaching $6.57. The Encompass Capital Advisors Llc holds 182,680 shares with $2.58 million value, up from 149,337 last quarter. Laredo Petroleum Inc (NYSE:LPI) has risen 17.65% since September 17, 2016 and is uptrending.

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