News articles about Carrizo Oil & Gas (NASDAQ:CRZO) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Carrizo Oil & Gas earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave media stories about the oil and gas producer an impact score of 45.9713779908713 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
- Carrizo Oil & Gas Inc to Post FY2017 Earnings of $1.34 Per Share, Capital One Financial Forecasts (CRZO) (americanbankingnews.com)
- BMO Capital Markets Reaffirms Buy Rating for Carrizo Oil & Gas (CRZO) (americanbankingnews.com)
- What Drove Carrizo Oil & Gas’s Return on Equity Last Year? (finance.yahoo.com)
- $238.40 Million in Sales Expected for Carrizo Oil & Gas Inc (CRZO) This Quarter (americanbankingnews.com)
- Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) – Glowing Stock’s Review – Nasdaq Journal (press release) (nasdaqjournal.com)
A number of research analysts recently commented on CRZO shares. BMO Capital Markets set a $20.00 price target on Carrizo Oil & Gas and gave the stock a “buy” rating in a research report on Tuesday, October 10th. Zacks Investment Research upgraded Carrizo Oil & Gas from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research report on Monday, October 9th. Jefferies Group cut Carrizo Oil & Gas from a “buy” rating to a “hold” rating and decreased their price target for the stock from $25.00 to $16.00 in a research report on Monday, October 9th. Citigroup started coverage on Carrizo Oil & Gas in a research report on Friday, December 22nd. They issued a “neutral” rating and a $26.00 price target on the stock. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $23.00 price target (up previously from $20.00) on shares of Carrizo Oil & Gas in a research report on Thursday, November 9th. Eight equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $29.50.
Carrizo Oil & Gas (NASDAQ:CRZO) opened at $24.33 on Friday. Carrizo Oil & Gas has a 12-month low of $11.10 and a 12-month high of $37.47. The company has a debt-to-equity ratio of 4.38, a current ratio of 0.32 and a quick ratio of 0.32. The stock has a market capitalization of $1,980.00, a PE ratio of 15.70 and a beta of 2.18.
Carrizo Oil & Gas (NASDAQ:CRZO) last released its earnings results on Tuesday, November 7th. The oil and gas producer reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.09. Carrizo Oil & Gas had a return on equity of 58.37% and a net margin of 16.08%. The firm had revenue of $181.28 million for the quarter, compared to analysts’ expectations of $177.97 million. During the same quarter in the previous year, the business posted $0.23 earnings per share. The business’s revenue for the quarter was up 63.1% on a year-over-year basis. equities research analysts forecast that Carrizo Oil & Gas will post 1.41 EPS for the current year.
In other Carrizo Oil & Gas news, insider S P. Iv Johnson sold 8,000 shares of Carrizo Oil & Gas stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $18.69, for a total value of $149,520.00. Following the transaction, the insider now owns 231,194 shares in the company, valued at $4,321,015.86. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 6.00% of the company’s stock.
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About Carrizo Oil & Gas
Carrizo Oil & Gas, Inc is an energy company. The Company is engaged in the exploration, development and production of oil and gas from resource plays located in the United States. Its operations are focused in proven, producing oil and gas plays in the Eagle Ford Shale in South Texas, the Delaware Basin in West Texas, the Utica Shale in Ohio, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania.
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