Petroquest Energy Receives Average Rating of “Hold” from Analysts (NYSE:PQ)
Petroquest Energy (NYSE:PQ) has received a consensus rating of “Hold” from the seven ratings firms that are currently covering the stock, AnalystRatingsNetwork.com reports. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $7.90.
Shares of Petroquest Energy (NYSE:PQ) opened at 5.78 on Tuesday. Petroquest Energy has a 52-week low of $3.64 and a 52-week high of $7.82. The stock has a 50-day moving average of $6.75 and a 200-day moving average of $5.74. The company has a market cap of $382.0 million and a P/E ratio of 17.05.
Petroquest Energy (NYSE:PQ) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.01. The company had revenue of $60.60 million for the quarter, compared to the consensus estimate of $63.46 million. On average, analysts predict that Petroquest Energy will post $0.61 earnings per share for the current fiscal year.
PQ has been the subject of a number of recent research reports. Analysts at Imperial Capital initiated coverage on shares of Petroquest Energy in a research note on Friday, July 25th. They set an “in-line” rating and a $8.00 price target on the stock. Separately, analysts at Stifel Nicolaus raised their price target on shares of Petroquest Energy from $7.50 to $8.50 in a research note on Monday, June 30th. They now have a “buy” rating on the stock. Finally, analysts at Global Hunter Securities raised their price target on shares of Petroquest Energy from $7.00 to $8.00 in a research note on Monday, June 30th. They now have a “buy” rating on the stock.
PetroQuest Energy, Inc (NYSE:PQ) is an independent oil and gas company.
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