Carrizo Oil & Gas (NASDAQ:CRZO) shares traded -2.07% down during most recent session to reach at the closing price of $23.7. The stock exchanged hands 1.98 Million shares versus average trading capacity of 2.53 Million shares, yielding a market cap of $2.16 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $34.01 within the next 52-weeks. The mean target projections are based on 21 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Carrizo Oil & Gas (NASDAQ:CRZO) high price target of $45 and with a conservative view have low price target of $12.
Raymond James “Maintained” Carrizo Oil & Gas (NASDAQ:CRZO) in a research note issued to investors on 9/06/18 to Strong Buy with price target of $44.
Additionally on 8/20/18 KLR Group “Terminates” Carrizo Oil & Gas (NASDAQ:CRZO) to Buy setting price target at $0 and on 8/08/18 Johnson Rice “Upgrades” the stock to Buy at $0. Furthermore on 8/07/18 Stifel Nicolaus “Maintained” the stock to Buy at $38.
On the other hand the company has Relative Strength Index (RSI 14) of 44.57 along with Average True Range (ATR 14) of 0.97, Consequently Carrizo Oil & Gas (NASDAQ:CRZO)’s weekly and monthly volatility is 3.87%, 3.82% respectively. The company’s beta value is at 2.21.
In terms of Buy, Sell or Hold recommendations, Carrizo Oil & Gas (NASDAQ:CRZO) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Carrizo Oil & Gas (NASDAQ:CRZO)’s minimum EPS for the current quarter is at $0.65 and can go high up to $1.12. The consensus mean EPS for the current quarter is at $0.84 derived from a total of 21 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.33 earnings per share for the same quarter during last year.
Previously Carrizo Oil & Gas (NASDAQ:CRZO) reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. The company posted an earnings surprise of 16.2%.
Carrizo Oil & Gas (NASDAQ:CRZO)’s revenue estimates for the current quarter are $276.82 Million according to 14 number of analysts, for the current quarter the company has high revenue estimates of $295 Million in contradiction of low revenue estimates of $258 Million. For the current year the company’s revenue estimates are $1.04 Billion compared to low analyst estimates of $993.6 Million and high estimates of $1.09 Billion according to 13 number of analysts.
Currently Carrizo Oil & Gas (NASDAQ:CRZO)’s shares owned by insiders are 4%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -6.32%, as well as three-month change in the institutional ownership was recorded -5.25%.
Carrizo Oil & Gas (NASDAQ:CRZO)’s trailing twelve month revenues are $917.3 Million, whereas its price to sales ratio for the same period is 2.36. Its book value per share for the most recent quarter is $5.2 while its price to book ratio for the same period is 4.56, as for as the company’s cash per share for the most recent quarter is $0.02, however its price to cash per share ratio for the same period is 1029.48. The stock has 5 year expected PEG ratio of 1.81 whereas its trailing twelve month P/E ratio is 74.06.