Share on StockTwits

Carrizo Oil & Gas (NASDAQ:CRZO) COO John Bradley Fisher sold 4,000 shares of the company’s stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $69.65, for a total transaction of $278,600.00. Following the completion of the sale, the chief operating officer now directly owns 55,781 shares of the company’s stock, valued at approximately $3,885,147. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Carrizo Oil & Gas (NASDAQ:CRZO) traded down 0.17% during mid-day trading on Thursday, hitting $69.28. 252,255 shares of the company’s stock traded hands. Carrizo Oil & Gas has a 52 week low of $29.74 and a 52 week high of $70.49. The stock has a 50-day moving average of $62.13 and a 200-day moving average of $51.59. The company has a market cap of $3.151 billion and a price-to-earnings ratio of 126.64.

Carrizo Oil & Gas (NASDAQ:CRZO) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.11. The company had revenue of $150.50 million for the quarter, compared to the consensus estimate of $140.26 million. During the same quarter in the previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter was up 27.3% on a year-over-year basis. On average, analysts predict that Carrizo Oil & Gas will post $2.80 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Mizuho raised their price target on shares of Carrizo Oil & Gas from $67.00 to $80.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Global Hunter Securities raised their price target on shares of Carrizo Oil & Gas from $67.00 to $84.00 in a research note on Tuesday. Finally, analysts at SunTrust raised their price target on shares of Carrizo Oil & Gas from $66.00 to $80.00 in a research note on Monday. They now have a “buy” rating on the stock. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $63.15.

Carrizo Oil & Gas, Inc (NASDAQ:CRZO) is an independent energy company.

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.