Kodiak Oil & Gas Corp Receives Average Rating of “Hold” from Analysts (NYSE:KOG)
Shares of Kodiak Oil & Gas Corp (NYSE:KOG) have been given an average rating of “Hold” by the eighteen analysts that are covering the stock, StockRatingsNetwork.com reports. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $15.57.
Shares of Kodiak Oil & Gas Corp (NYSE:KOG) opened at 15.43 on Monday. Kodiak Oil & Gas Corp has a 52 week low of $9.77 and a 52 week high of $16.25. The stock has a 50-day moving average of $15.17 and a 200-day moving average of $13.15. The company has a market cap of $4.124 billion and a P/E ratio of 32.33.
Kodiak Oil & Gas Corp (NYSE:KOG) last released its earnings data on Thursday, July 31st. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.18 by $0.10. The company had revenue of $300.00 million for the quarter, compared to the consensus estimate of $283.23 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was up 72.9% on a year-over-year basis. On average, analysts predict that Kodiak Oil & Gas Corp will post $0.75 earnings per share for the current fiscal year.
KOG has been the subject of a number of recent research reports. Analysts at SunTrust reiterated a “neutral” rating on shares of Kodiak Oil & Gas Corp in a research note on Monday, August 4th. They now have a $14.00 price target on the stock, down previously from $15.00. Separately, analysts at RBC Capital downgraded shares of Kodiak Oil & Gas Corp from an “outperform” rating to a “sector perform” rating in a research note on Monday, August 4th. They now have a $16.00 price target on the stock, up previously from $15.00. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Kodiak Oil & Gas Corp in a research note on Friday, July 18th. They now have a $18.00 price target on the stock, up previously from $15.00.
Kodiak Oil & Gas Corp. (NYSE:KOG) is an independent energy company focused on the exploration, exploitation, acquisition and production of crude oil and natural gas in the United States.
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