Analysts Opinion over Performance Valuation: Carrizo Oil & Gas, Inc. (NASDAQ:CRZO)

Cornelia Mascio
Novembre 25, 2017

BMO Capital Markets set a $20.00 target price on shares of Carrizo Oil & Gas and gave the company a "buy" rating in a research note on Saturday, August 12th.

ILLEGAL ACTIVITY NOTICE: "Carrizo Oil & Gas, Inc". Carrizo Oil & Gas comprises 2.4% of Bedell Frazier Investment Counseling LLC's holdings, making the stock its 23rd largest holding.

If there is a huge discrepancy between a company's profit margin (particularly its gross margin) and its operating margin, it suggests that the company is more efficient in creating and selling its products, but perhaps less efficient in managing training, administration, research or other day-to-day business costs. Carrizo Oil & Gas's quarterly revenue was up 63.1% on a year-over-year basis. The firm owned 1,674,757 shares of the oil and gas producer's stock after purchasing an additional 571,536 shares during the quarter. GeoSphere Capital Management acquired a new position in Carrizo Oil & Gas during the third quarter worth $2,423,000. Carrizo Oil & Gas Inc. had 94 analyst reports since July 21, 2015 according to SRatingsIntel. Janus Henderson Group PLC raised its position in Carrizo Oil & Gas by 125.4% in the third quarter.

In other news, Director Steven A. Webster acquired 25,000 shares of Carrizo Oil & Gas stock in a transaction that occurred on Monday, August 28th. The co's performance for 6 months was slashed of -14.65%, 1-year performance stands at -48.48% and year to date showing moved down performance of -46.02%. They issued a buy rating and a $44.00 price objective for the company. WG price is down almost -193.13% from its 52-week high price of $3.84 a share but is up about 15.27% from its 52-week low price of $1.11 a share. Finally, Zacks Investment Research upgraded shares of Carrizo Oil & Gas from a "hold" rating to a "buy" rating and set a $19.00 target price for the company in a research note on Monday, October 9th. The average volume for Willbros Group, Inc.

Additionally on 9/18/17 Citigroup "Initiates Coverage On" Carrizo Oil & Gas (NASDAQ:CRZO) to Neutral setting price target at $16 and on 9/07/17 Mizuho "Downgrades" the stock to Neutral at $47. (The) issued a report on CRZO and giving a rating of "Hold" and price target of $17.00. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Jefferies has "Buy" rating and $77 target. The shares were bought at an average price of $12.67 per share, with a total value of $316,750.00. The company has Beta Value of 2.16 and ATR value of 1.08.

Catalyst Capital Advisors Llc decreased its stake in Jpmorgan Chase & Co (JPM) by 74.35% based on its latest 2017Q2 regulatory filing with the SEC. Summit Securities Grp Limited Liability Company owns 59,424 shares. Following the transaction, the director now directly owns 2,826,310 shares of the company's stock, valued at approximately $35,809,347.70. The disclosure for this sale can be found here. Long-term investors should review current trend forecasts and yearly or five-year trend graphs to understand whether the stock is bearish or bullish or to determine whether the company is performing well.

Shares of Carrizo Oil & Gas, Inc.

For this CRZO's 20 days and 50 days MA (moving average) comparison clear the blur picture. Given that its average daily volume over the 30 days has been 3.87M shares a day, this signifies a pretty significant change over the norm. Carrizo Oil & Gas, Inc. has a 1 year low of $11.10 and a 1 year high of $43.96. It has a 13.03 P/E ratio. The company has a debt-to-equity ratio of 4.38, a current ratio of 0.32 and a quick ratio of 0.32. Diamond Hill Cap Management Inc owns 0.01% invested in Carrizo Oil & Gas Inc (NASDAQ:CRZO) for 148,348 shares. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.05. Architects invested 0.02% of its portfolio in Carrizo Oil & Gas Inc (NASDAQ:CRZO). Typically, these analysts look at a company's fundamentals, building financial models from this information in order to project future trends, specifically future earnings.

A good way of assessing a public company's profitability is by looking at its Earnings per Share (EPS).

The focus shifting on performance of the Carrizo Oil & Gas, Inc. If you are viewing this story on another site, it was illegally copied and republished in violation of US and worldwide copyright & trademark legislation.

Carrizo Oil & Gas, Inc is an energy company.

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