The shares of Alta Mesa Resources, Inc. (NASDAQ:AMR) has been pegged with a rating of Sell by Guggenheim in its latest research note that was published on February 26th, 2019. Guggenheim wasn’t the only research firm that published a report of Alta Mesa Resources, Inc., with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on November 27th, 2018, to Neutral the AMR stock. The stock had earned In-line rating from Imperial Capital when it published its report on November 15th, 2018. That day the Imperial Capital set price target on the stock to $6. The stock was given In-line rating by Imperial Capital in its report released on August 15th, 2018, the day when the price target on the stock was placed at $8. Guggenheim was of a view that AMR is Buy in its latest report on July 30th, 2018 while giving it a price target of $10. Goldman thinks that AMR is worth Buy rating. This was contained in the firm’s report on July 10th, 2018 in which the stock’s price target was also moved to $8.25.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $2.80. The price of the stock the last time has dropped by -4.58% from its Week high price while it is dropped higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 26.81.
The shares of the company dipped by -9.30% during the trading session on Wednesday, reaching a low of $0.1801 while ending the day at $0.18. During the trading session, a total of 5.66 million shares were traded which represents a -110.26% decline from the average session volume which is 2.69M shares. AMR had ended its last session trading at 0.20. Alta Mesa Resources, Inc. currently has a market cap of $25.51M while its P/E earnings growth sits at 0.08. Alta Mesa Resources, Inc. debt-to-equity ratio currently stands at 0.47, while its quick ratio hovers at 0.60. AMR 52-week low price stands at $0.19 while its 52-week high price is $7.92.
The Alta Mesa Resources, Inc. generated $164.88 million in revenue during the last quarter, which is slightly higher than the $138.61 million predicted by analysts. Alta Mesa Resources, Inc. has the potential to record -0.11 EPS for the current fiscal year, according to equities analysts.
Investment analysts at BofA/Merrill published a research note on April 8th, 2019 where it informed investors and clients that The Boeing Company (NYSE:BA) is now rated as Neutral. Their price target on the stock stands at $420. Goldman also rated BA as Downgrade on November 27th, 2018, with its price target of $72 suggesting that BA could surge by 13.67% from its current share price. Even though the stock has been trading at $381.72/share, analysts expect it to surge higher by -1.10% to reach $437.29/share. It started the day trading at $384.19 and traded between $377.48 and $377.52 throughout the trading session.
A look at its technical shows that BA’s 50-day SMA is 396.72 while its 200-day SMA stands at 361.63. The stock has a high of $446.01 for the year while the low is $292.47. The company’s P/E ratio currently sits at 21.12, while the P/B ratio is 639.86. At the moment, only of The Boeing Company shares were sold short. The company’s average trading volume currently stands at 7.66M shares, which means that the short-interest ratio is just 0.64 days. Over the past seven days, the company moved, with its shift of 3.45%. Looking further, the stock has raised 7.23% over the past 90 days while it gained 5.19% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more BA shares, increasing its portfolio by +1.26% during the last quarter. This move now sees The Vanguard Group Inc purchasing 515,897 shares in the last quarter, thus it now holds 41,344,098 shares of BA, with a total valuation of $15,769,465,859. T Rowe Price Associates Inc meanwhile bought more BA shares in the recently filed quarter, changing its stake to $12,776,016,095 worth of shares. Newport Trust Co followed the path by increasing its BA portfolio by +4.25% in the quarter. This means that Newport Trust Co bought 1,363,909 shares in the last quarter and now controls 33,492,259 shares of the BA stock, with the valuation hitting $12,774,617,428.
Similarly, BlackRock Fund Advisors decreased its The Boeing Company shares by -2.50% during the recently filed quarter. After selling -625,331 shares in the last quarter, the firm now controls 24,382,205 shares of The Boeing Company which are valued at $9,299,860,631. In the same vein, Capital Research Management Co decreased its The Boeing Company shares by during the most recent reported quarter. The firm sold -348,336 shares during the quarter which decreased its stakes to 15,346,112 shares and is now valued at $5,853,314,039. Following these latest developments, around 0.10% of The Boeing Company stocks are owned by institutional investors and hedge funds.