Is There a Dimmer Outlook Ahead for Callon Petroleum Company?

Callon Petroleum Company (NYSE:CPE) went up by 5.97% from its latest closing price compared to the recent 1-year high of $49.80. The company’s stock price has collected -4.17% of loss in the last five trading sessions. Press Release reported 1 hour ago that Thinking about buying stock in Callon Petroleum, Ameri Holdings, Lennar Corp, Nio Inc, or Norwegian Cruise Line?

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Is It Worth Investing in Callon Petroleum Company (NYSE :CPE) Right Now?

Plus, the 36-month beta value for CPE is at 2.85. Opinions of the stock are interesting as 3 analysts out of 18 who provided ratings for Callon Petroleum Company declared the stock was a “buy,” while 0 rated the stock as “overweight,” 10 rated it as “hold,” and 4 as “sell.”


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


The average price from analysts is $10.34. CPE currently public float of 38.64M and currently shorts hold a 22.29% ratio of that float. Today, the average trading volume of CPE was 2.49M shares.

CPE’s Market Performance

CPE stocks went down by -4.17% for the week, with a monthly drop of -27.30% and a quarterly performance of -58.09%, while its annual performance rate touched -87.98%. The volatility ratio for the week stands at 8.71% while the volatility levels for the past 30 days are set at 8.79% for Callon Petroleum Company. The simple moving average for the period of the last 20 days is -6.87% for CPE stocks with a simple moving average of -67.73% for the last 200 days.

Analysts’ Opinion of CPE

Many brokerage firms have already submitted their reports for CPE stocks, with Wells Fargo repeating the rating for CPE by listing it as a “Underweight.” The predicted price for CPE in the upcoming period, according to Wells Fargo is $4 based on the research report published on September 25th of the current year 2020.

MKM Partners, on the other hand, stated in their research note that they expect to see CPE reach a price target of $2. The rating they have provided for CPE stocks is “Buy” according to the report published on May 28th, 2020.

CPE Trading at -36.64% from the 50-Day Moving Average

After a stumble in the market that brought CPE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.74% of loss for the given period.

Volatility was left at 8.79%, however, over the last 30 days, the volatility rate increased by 8.71%, as shares sank -13.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -58.33% lower at present.

During the last 5 trading sessions, CPE fell by -2.38%, which changed the moving average for the period of 200-days by -88.35% in comparison to the 20-day moving average, which settled at $5.44. In addition, Callon Petroleum Company saw -90.02% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CPE starting from Faulkenberry Barbara J, who purchase 2,750 shares at the price of $10.89 back on Aug 10. After this action, Faulkenberry Barbara J now owns 6,761 shares of Callon Petroleum Company, valued at $29,948 using the latest closing price.

JOHNSON S P IV, the Director of Callon Petroleum Company, sale 12,000 shares at $2.00 during a trade that took place back on Jun 08, which means that JOHNSON S P IV is holding 852,652 shares at $24,000 based on the most recent closing price.

Stock Fundamentals for CPE

Current profitability levels for the company are sitting at:

  • +36.78 for the present operating margin
  • +44.04 for the gross margin

The net margin for Callon Petroleum Company stands at +10.11. The total capital return value is set at 4.88, while invested capital returns managed to touch 1.35. Equity return is now at value -48.10, with -21.70 for asset returns.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Based on Callon Petroleum Company (CPE), the company’s capital structure generated 101.33 points at debt to equity in total, while total debt to capital is 50.33. Total debt to assets is 44.99, with long-term debt to equity ratio resting at 100.00. Finally, the long-term debt to capital ratio is 49.67.

Currently, EBITDA for the company is 61.84M with total debt to EBITDA at 6.46. When we switch over and look at the enterprise to sales, we see a ratio of 6.52, with the company’s debt to enterprise value settled at 0.75. The receivables turnover for the company is 3.94 and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.41.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Important Earnings

Insider Watchlist

We do not sell or share your information with anyone.