Brokerages expect that Jagged Peak Energy Inc. (NYSE:JAG) will report earnings per share (EPS) of $0.07 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for Jagged Peak Energy’s earnings, with the lowest EPS estimate coming in at $0.05 and the highest estimate coming in at $0.10. The business is expected to report its next quarterly earnings results on Thursday, August 10th.

According to Zacks, analysts expect that Jagged Peak Energy will report full year earnings of $0.40 per share for the current fiscal year, with EPS estimates ranging from $0.32 to $0.54. For the next year, analysts anticipate that the business will post earnings of $0.97 per share, with EPS estimates ranging from $0.63 to $1.49. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that that provide coverage for Jagged Peak Energy.

Several equities analysts have commented on JAG shares. Susquehanna Bancshares Inc started coverage on shares of Jagged Peak Energy in a research report on Monday, February 13th. They set a “positive” rating and a $20.00 target price on the stock. J P Morgan Chase & Co started coverage on shares of Jagged Peak Energy in a research report on Tuesday, February 21st. They set an “overweight” rating and a $23.00 target price on the stock. Wells Fargo & Company started coverage on shares of Jagged Peak Energy in a research report on Tuesday, February 21st. They set an “outperform” rating and a $23.00 target price on the stock. KeyCorp started coverage on shares of Jagged Peak Energy in a research report on Tuesday, February 21st. They set an “overweight” rating and a $18.00 target price on the stock. They noted that the move was a valuation call. Finally, Credit Suisse Group started coverage on shares of Jagged Peak Energy in a research report on Tuesday, February 21st. They set an “outperform” rating and a $20.00 target price on the stock. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $18.17.

Jagged Peak Energy (NYSE JAG) traded up 1.53% during midday trading on Tuesday, reaching $13.29. The company’s stock had a trading volume of 454,688 shares. Jagged Peak Energy has a 12 month low of $10.96 and a 12 month high of $15.08. The firm’s market capitalization is $2.83 billion. The stock’s 50-day moving average price is $12.59 and its 200-day moving average price is $12.98.

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A number of large investors have recently added to or reduced their stakes in JAG. TD Asset Management Inc. purchased a new stake in Jagged Peak Energy during the first quarter worth $983,000. L & S Advisors Inc purchased a new stake in Jagged Peak Energy during the first quarter worth $464,000. Spark Investment Management LLC purchased a new stake in Jagged Peak Energy during the first quarter worth $1,427,000. Boston Partners purchased a new stake in Jagged Peak Energy during the first quarter worth $75,074,000. Finally, Essex Investment Management Co. LLC purchased a new stake in Jagged Peak Energy during the first quarter worth $441,000. 17.07% of the stock is currently owned by institutional investors and hedge funds.

About Jagged Peak Energy

Jagged Peak Energy Inc is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. The Company’s acreage is located on contiguous blocks in the adjacent counties of Winkler, Ward, Reeves and Pecos, with original oil-in-place within multiple stacked hydrocarbon-bearing formations.

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