Pioneer Natural Resources Co. Hits New 52-Week High at $219.47 (PXD)
Shares of Pioneer Natural Resources (NYSE:PXD) hit a new 52-week high during trading hours on Thursday, American Banking News.com reports. The company traded as high as $219.47 and last traded at $214.21, with a volume of 2,081,022 shares trading hands. The stock had previously closed at $211.86.
Several analysts have recently commented on the stock. Analysts at Susquehanna raised their price target on shares of Pioneer Natural Resources from $170.00 to $180.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Pioneer Natural Resources from $175.00 to $210.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Finally, analysts at Barclays raised their price target on shares of Pioneer Natural Resources from $135.00 to $144.00 in a research note to investors on Wednesday. They now have an “equal weight” rating on the stock. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. Pioneer Natural Resources currently has a consensus rating of “Buy” and an average price target of $182.79.
Pioneer Natural Resources has a 52-week low of $99.75 and a 52-week high of $214.48. The stock’s 50-day moving average is $187.9 and its 200-day moving average is $155.5. The company has a market cap of $29.895 billion and a price-to-earnings ratio of 58.00.
Pioneer Natural Resources (NYSE:PXD) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.13 by $0.03. The company had revenue of $845.10 million for the quarter, compared to the consensus estimate of $893.17 million. During the same quarter in the previous year, the company posted $0.78 earnings per share. The company’s revenue for the quarter was up 31.7% on a year-over-year basis. On average, analysts predict that Pioneer Natural Resources will post $4.82 earnings per share for the current fiscal year.
Pioneer Natural Resources Company (NYSE:PXD) is an independent oil and gas exploration and production company with operations in the United States and South Africa.
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