Clayton Williams Energy Inc. Reaches New 12-Month High at $61.00 (CWEI)
Clayton Williams Energy (NASDAQ:CWEI)’s share price reached a new 52-week high during trading hours on Friday, American Banking & Market News reports. The company traded as high as $61.00 and last traded at $60.62, with a volume of 40,149 shares traded. The stock had previously closed at $56.80.
Several analysts have recently commented on the stock. Analysts at SunTrust raised their price target on shares of Clayton Williams Energy from $52.00 to $58.00 in a research note to investors on Friday, October 4th. They now have a “neutral” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Clayton Williams Energy from $44.00 to $63.00 in a research note to investors on Tuesday, July 30th. They now have a “hold” rating on the stock. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $66.00.
Clayton Williams Energy has a 52-week low of $35.30 and a 52-week high of $61.00. The stock has a 50-day moving average of $53.1 and a 200-day moving average of $47.13. The company’s market cap is $732.6 million.
Clayton Williams Energy (NASDAQ:CWEI) last posted its quarterly earnings results on Thursday, July 25th. The company reported ($0.08) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.40 by $0.48. The company had revenue of $98.90 million for the quarter, compared to the consensus estimate of $92.75 million. During the same quarter last year, the company posted $2.70 earnings per share. Clayton Williams Energy’s revenue was down 5.4% compared to the same quarter last year. Analysts expect that Clayton Williams Energy will post $-2.32 EPS for the current fiscal year.
Clayton Williams Energy, Inc (NASDAQ:CWEI) is an independent oil and gas company engaged in the exploration for and production of oil and natural gas primarily in Texas, Louisiana and New Mexico.
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