Ultra Petroleum Corp. (NASDAQ:UPL) shares traded -2.39% down during most recent session to reach at the closing price of $0.64. The stock exchanged hands 1.87 Million shares versus average trading capacity of 2.95 Million shares, yielding a market cap of $128.62 Million. Wall Street analysts covering the stock are projecting that the stock will reach $1.4 within the next 52-weeks. The mean target projections are based on 2 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Ultra Petroleum Corp. (NASDAQ:UPL) high price target of $1.5 and with a conservative view have low price target of $1.3.
Stifel Nicolaus “Downgrades” Ultra Petroleum Corp. (NASDAQ:UPL) in a research note issued to investors on 5/25/18 to Hold with price target of $0.
Additionally on 3/26/18 Stifel Nicolaus “Maintained” Ultra Petroleum Corp. (NASDAQ:UPL) to Buy setting price target at $9 and on 8/29/17 KLR Group “Initiates Coverage On” the stock to Buy at $14. Furthermore on 6/12/17 Stifel Nicolaus “Upgrades” the stock to Buy.
On the other hand the company has Relative Strength Index (RSI 14) of 33.96 along with Average True Range (ATR 14) of 0.09, Consequently Ultra Petroleum Corp. (NASDAQ:UPL)’s weekly and monthly volatility is 9.96%, 10.96% respectively. The company’s beta value is at 0.
In terms of Buy, Sell or Hold recommendations, Ultra Petroleum Corp. (NASDAQ:UPL) has analysts’ mean recommendation of 3.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Ultra Petroleum Corp. (NASDAQ:UPL)’s minimum EPS for the current quarter is at $0.11 and can go high up to $0.14. The consensus mean EPS for the current quarter is at $0.13 derived from a total of 2 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.43 earnings per share for the same quarter during last year.
Previously Ultra Petroleum Corp. (NASDAQ:UPL) reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.03. The company posted an earnings surprise of 21.4%.
Ultra Petroleum Corp. (NASDAQ:UPL)’s revenue estimates for the current quarter are $220 Million according to 1 number of analysts, for the current quarter the company has high revenue estimates of $220 Million in contradiction of low revenue estimates of $220 Million. For the current year the company’s revenue estimates are $839.3 Million compared to low analyst estimates of $839.3 Million and high estimates of $839.3 Million according to 1 number of analysts.
Currently Ultra Petroleum Corp. (NASDAQ:UPL)’s shares owned by insiders are 1.96%, whereas shares owned by institutional owners are 85.8%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 1.62%.
Ultra Petroleum Corp. (NASDAQ:UPL)’s trailing twelve month revenues are $859.9 Million, whereas its price to sales ratio for the same period is 0.15. Its book value per share for the most recent quarter is $-5.55 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 $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 0.04 whereas its trailing twelve month P/E ratio is 0.89.