Looking at top Wall Street opinions, Laredo Petroleum, Inc. (NYSE: LPI) has recently made its way into the research list of Piper Jaffray – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Neutral in the eyes of Piper Jaffray, whereas its previous rating was Overweight in the eyes of Piper Jaffray, as reported on Wednesday, January 9th, 2019. Another heavy-hitting research note was published by CapitalOne on Thursday December 20th, 2018, with this firm downgrading LPI to an updated rating of Underweight from its previous rating of Overweight. In the past six months and three months of trading, shares of Laredo Petroleum, Inc. (LPI) have moved by -52.39% and -32.32%, respectively.
Brokerage Updates Related to Laredo Petroleum, Inc. (LPI) Stock
This publicly-traded organization generated gains of 0.53% over the last 5 sessions. Right now, this stock is the subject of 16 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 4 have given an underperform rating, 0 has given a sell rating, and 1 have given a rating of Buy or better. Based on the 16 stock market experts following this company, the average 12-month price target is $5.51. Moreover, individual price targets range between $1.50-$14.00. With its recent move to $5.00, we can see that these firms project this stock will loss by -52.63% in one year.
Updates from Laredo Petroleum, Inc. (LPI) 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 0.50% rise since the beginning of the calendar year. A Director at Laredo Petroleum, Inc. (LPI) sold off some of its shares in a transaction that was finalized on Sep 27. Similarly, Warburg Pincus Private Equity sold 12,300,000 shares of the organization’s stock at $8.08 apiece and racked up $99,384,000 in earnings from the sale. Now, Warburg Pincus Private Equity holds 9,715,078 shares of the company following the exchange. A Director of the organization named Levy James R., was engaged in a transaction that occurred on Sep 27 that managed to be worth $99,384,000 from the sale of 12,300,000 common shares at a price of $8.08 per individual share.
Laredo Petroleum, Inc. (NYSE:LPI) Results in the Pipeline
The next scheduled release of financial results for Laredo Petroleum, 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 $0.29. In the same vein, they expect sales for the quarter to amount to $223.94 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $279.75 million in revenue alongside EPS at $0.27. On average, the analyst projection was calling for $351.05 million with $0.25 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $259.70 million, with earnings per share ending up at $0.24.
American International Group, Inc. (NYSE:AIG) experienced a gain of 0.80% from the closing price in the previous trading day. That boost the price to $44.18 per share, as observed on February 13th, 2019, at a time when the total trading volume reached 5,180,408 shares of stock – compared to the typical average of 7.11M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $51.43.
Pricing Indications for American International Group, Inc. (AIG)
This organization has had a price-to-earnings ratio of 61.19 in the last year. In the most recent trading session, the daily high was $44.58, bringing the per-share value 0.80% high its 52-week high and about -28.00% more expensive than its 52-week low. Meanwhile, it gained 40.96 from its observable 50-day simple moving average. Right at this moment, the per-share value is -9.79% lower than the mean per-share price over the last 200 days in the market.
American International Group, Inc. (NYSE:AIG) 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, 6 have an outperform rating, while 7 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 2.20, based on information from Thomson Reuters.
AIG Stock Value Potential
In trading activity as of late, this stock’s value was 48.91 up from its 200 day moving average, while also 7.90% up 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 $44.00-$76.00. The market value for the entire organization reached 39.43B. After the trading day started off at the price of $44.18, these shares nearly bottomed out at its low price of $43.95 and nearly peaked at $44.58 as its full-day high price. In the last trading session, the price ended the day at $43.83. The institutional holdings related to this organization account for 0.08%, and the Beta factor is now 1.41. This company’s RSI (Relative Strength Index) managed to hit 64.26.
American International Group, Inc. (NYSE:AIG) Analyst Points of Focus
American International Group, Inc. (AIG) has found itself inside of Credit Suisse’s research list, so their analyst rating adjustment is worth taking note of. This stock was Initiated to Neutral, by Credit Suisse, as garnered from a news report on Tuesday February 5th, 2019. An additional helpful research note was sent out by Evercore ISI’s on Wednesday November 7th, 2018. The brokerage decided to downgrade AIG to In-line from its previous rating of Outperform.