Stone Energy Corp. (SGY) Set to Announce Quarterly Earnings on Tuesday
Stone Energy Corp. (NYSE:SGY) is scheduled to be issuing its Q313 quarterly earnings data on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.76 per share and revenue of $248.52 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
Stone Energy Corp. (NYSE:SGY) opened at 34.24 on Monday. Stone Energy Corp. has a 52-week low of $17.34 and a 52-week high of $37.96. The stock has a 50-day moving average of $33.76 and a 200-day moving average of $26.44. The company has a market cap of $1.668 billion and a P/E ratio of 11.71.
A number of research firms have recently commented on SGY. Analysts at Global Hunter Securities raised their price target on shares of Stone Energy Corp. from $33.00 to $39.00 in a research note to investors on Wednesday, October 23rd. They now have an “accumulate” rating on the stock. On the ratings front, analysts at Cowen and Company raised their price target on shares of Stone Energy Corp. from $30.00 to $35.00 in a research note to investors on Thursday, October 10th. They now have an “outperform” rating on the stock. Finally, analysts at Zacks upgraded shares of Stone Energy Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, October 3rd. They now have a $40.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $29.21.
Stone Energy Corporation (NYSE:SGY) is an independent oil and natural gas company engaged in the acquisition, exploration, exploitation, development and operation of oil and gas properties.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.