Carrizo Oil & Gas Upgraded by Tudor Pickering to Accumulate (CRZO)
In other Carrizo Oil & Gas news, CEO S P. Iv Johnson sold 4,302 shares of Carrizo Oil & Gas stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $56.24, for a total value of $241,944.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Carrizo Oil & Gas (NASDAQ:CRZO) traded up 2.33% during mid-day trading on Tuesday, hitting $59.3399. 191,509 shares of the company’s stock traded hands. Carrizo Oil & Gas has a 52 week low of $32.07 and a 52 week high of $70.49. The stock’s 50-day moving average is $64.12 and its 200-day moving average is $56.19. The company’s market cap is $2.731 billion.
Carrizo Oil & Gas (NASDAQ:CRZO) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.70 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.68 by $0.02. The company had revenue of $193.50 million for the quarter, compared to the consensus estimate of $172.42 million. During the same quarter in the prior year, the company posted $0.61 earnings per share. The company’s quarterly revenue was up 33.3% on a year-over-year basis. On average, analysts predict that Carrizo Oil & Gas will post $2.79 earnings per share for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at BMO Capital Markets upgraded shares of Carrizo Oil & Gas from a “market perform” rating to an “outperform” rating in a research note on Tuesday, August 12th. They now have a $70.00 price target on the stock. Separately, analysts at Northland Securities raised their price target on shares of Carrizo Oil & Gas from $76.00 to $83.00 in a research note on Wednesday, August 6th. They now have an “outperform” rating on the stock. Finally, analysts at KLR Group upgraded shares of Carrizo Oil & Gas from a “hold” rating to a “buy” rating in a research note on Wednesday, August 6th. They now have a $80.00 price target on the stock, up previously from $73.00. Six research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $68.32.
Carrizo Oil & Gas, Inc (NASDAQ:CRZO) is an independent energy company.
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