Looking at top Wall Street opinions, QEP Resources, Inc. (NYSE: QEP) has recently made its way into the research list of CapitalOne – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Equal Weight in the eyes of CapitalOne, whereas its previous rating was Overweight in the eyes of CapitalOne, as reported on Thursday, December 20th, 2018. Another heavy-hitting research note was published by Stephens on Thursday December 6th, 2018, with this firm Initiated QEP to an updated rating of Equal-Weight. In the past six months and three months of trading, shares of QEP Resources, Inc. (QEP) have moved by -16.96% and -11.01%, respectively.
Brokerage Updates Related to QEP Resources, Inc. (QEP) Stock
This publicly-traded organization generated gains of 0.25% over the last 5 sessions. Right now, this stock is the subject of 18 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a Single analyst have given underperform rating or sell rating, and 5 have given a rating of Buy or better. Based on the 18 stock market experts following this company, the average 12-month price target is $10.90. Moreover, individual price targets range between $6.75-$20.00. With its recent move to $10.00, we can see that these firms project this stock will gain by 3.59% in one year.
Updates from QEP Resources, Inc. (QEP) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.40% rise since the beginning of the calendar year. A Director at QEP Resources, Inc. (QEP) bought some of its shares in a transaction that was finalized on Mar 08.
QEP Resources, Inc. (NYSE:QEP) Results in the Pipeline
The next scheduled release of financial results for QEP Resources, Inc. will be for the Sep-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be -$0.02. In the same vein, they expect sales for the quarter to amount to $498.38 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $560.80 million in revenue alongside EPS at $0.17. On average, the analyst projection was calling for $532.40 million with $0.06 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $428.90 million, with earnings per share ending up at -$0.20.
CME Group Inc. (NASDAQ:CME) experienced a gain of 0.82% from the closing price in the previous trading day. That boost the price to $180.40 per share, as observed on February 13th, 2019, at a time when the total trading volume reached 2,183,000 shares of stock – compared to the typical average of 2.04M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $199.87.
Pricing Indications for CME Group Inc. (CME)
This organization has had a price-to-earnings ratio of 32.09 in the last year. In the most recent trading session, the daily high was $181.41, bringing the per-share value 0.82% high its 52-week high and about -7.58% more expensive than its 52-week low. Meanwhile, it gained 183.58 from its observable 50-day simple moving average. Right at this moment, the per-share value is 4.26% higher than the mean per-share price over the last 200 days in the market.
CME Group Inc. (NASDAQ:CME) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 6 have a Buy rating, 2 have an outperform rating, while 9 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.30, based on information from Thomson Reuters.
CME Stock Value Potential
In trading activity as of late, this stock’s value was 174.54 up from its 200 day moving average, while also -1.48% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $140.00-$224.00. The market value for the entire organization reached 64.19B. After the trading day started off at the price of $180.40, these shares nearly bottomed out at its low price of $179.01 and nearly peaked at $181.41 as its full-day high price. In the last trading session, the price ended the day at $178.93. The institutional holdings related to this organization account for 1.10%, and the Beta factor is now 0.33. This company’s RSI (Relative Strength Index) managed to hit 47.43.
CME Group Inc. (NASDAQ:CME) Analyst Points of Focus
CME Group Inc. (CME) has found itself inside of BofA/Merrill’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Neutral, compared to its previous rating of Buy by BofA/Merrill, as garnered from a news report on Friday January 11th, 2019. An additional helpful research note was sent out by Barclays’s on Tuesday December 4th, 2018. The brokerage decided to resumed CME to Overweight.