EP Energy Corporation (EPE) Stock Rating Lowered by BidaskClub

Paterniano Del Favero
Agosto 13, 2017

Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement.

Several other institutional investors have also made changes to their positions in the company. American International Group Inc. increased its position in EP Energy Corporation by 7.1% in the first quarter. JPMorgan Chase & Co. now owns 5,313,377 shares of the energy producer's stock valued at $19,447,000 after buying an additional 52,904 shares during the period. EP Energy Corporation accounts for 4.1% of Riverstone Holdings LLC's portfolio, making the share its 4th largest stake.

Shares of Sanchez Energy Corporation (NYSE:SN) opened at 5.13 on Thursday.

First Quadrant LP decreased Ep Energy Corp Cl A (EPE) stake by 88.58% reported in 2016Q4 SEC filing. Its book value per share for the most recent quarter is $-6.91 while its price to book ratio for the same period is 0, as for as the company's cash per share for the most recent quarter is $1.53, however its price to cash per share ratio for the same period is 3.21. Finally, Wells Fargo & Company MN boosted its position in Sanchez Energy Corporation by 64.0% in the first quarter. Teachers Advisors LLC now owns 175,509 shares of the energy producer's stock worth $1,150,000 after buying an additional 83,346 shares during the last quarter. Hedge funds and other institutional investors own 72.32% of the company's stock. EP Energy Corporation has a one year low of $3.17 and a one year high of $7.49. The company's market capitalization is $389.52 million. The stock's market valuation is $823.97 M. The stock's 50 day SMA price is $3.49 and its 200 SMA price is $4.36.

EP Energy Corporation (NYSE:EPE) last issued its quarterly earnings data on Wednesday, August 2nd. The energy producer reported ($0.30) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by $0.18. During the same quarter in the prior year, the firm earned ($3.20) EPS.

While considering growth estimates of the company, it has next quarter growth estimates of -85.7% whereas during current quarter it has -1500% estimations over growth, comparing to the estimations of -1300% during current year and 268.8% for next year. Equities analysts forecast that Sanchez Energy Corporation will post ($0.48) EPS for the current year. The Company kept a record of 151.85 million floated shares and 251.97 million shares outstanding. If you are accessing this report on another domain, it was illegally stolen and republished in violation of worldwide copyright legislation. Scotiabank cut EP Energy Corporation from a sector perform rating to an underperform rating and dropped their price objective for the stock from $4.00 to $3.00 in a research note on Thursday, June 29th.

On July 20 the stock rating was downgraded from "Outperform" to "Underperform" and a price target of $4.00 was set in a report from RBC Capital. BidaskClub raised EP Energy Corporation from a "sell" rating to a "hold" rating in a research note on Monday, July 31st. Bank of America Corporation initiated coverage on EP Energy Corporation in a report on Wednesday, July 19th. Finally, Credit Suisse Group cut EP Energy Corporation from a "neutral" rating to an "underperform" rating in a report on Thursday, June 1st. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company's stock. The company presently has an average rating of "Hold" and an average target price of $12.35. The shares were sold at an average price of $5.02, for a total transaction of $193,942.68.

About 287,159 shares traded. The shares were sold at an average price of $6.19, for a total value of $63,162.76. Following the completion of the transaction, the director now owns 67,151 shares in the company, valued at approximately $450,583.21. The disclosure for this sale can be found here. SANCHEZ ANTONIO R III sold $1.67M worth of stock or 148,215 shares.

According to these analysts, the Low Revenue Estimate for Sanchez Energy Corporation is 172 Million and the High Revenue Estimate is 199 Million. The Company is involved in the acquisition and development of unconventional onshore oil and natural gas properties in the United States. The Firm primarily focuses on the Eagle Ford Shale in South Texas.

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