Petroquest Energy Inc (NYSE:PQ) received a $5.00 price target from investment analysts at Roth Capital in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the energy company’s stock. Roth Capital’s target price indicates a potential upside of 198.45% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Petroquest Energy from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th. ValuEngine upgraded shares of Petroquest Energy from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. Petroquest Energy has an average rating of “Hold” and a consensus price target of $3.17.

Shares of Petroquest Energy (NYSE:PQ) traded down 2.0292% during trading on Tuesday, reaching $1.6753. The company’s stock had a trading volume of 78,515 shares. The company’s market capitalization is $35.61 million. The firm’s 50-day moving average price is $2.02 and its 200-day moving average price is $2.10. Petroquest Energy has a one year low of $1.63 and a one year high of $4.75.

Petroquest Energy (NYSE:PQ) last announced its earnings results on Wednesday, August 2nd. The energy company reported ($0.16) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.21) by $0.05. The firm had revenue of $24.25 million during the quarter, compared to analyst estimates of $23.38 million. Petroquest Energy’s revenue was up 53.3% on a year-over-year basis. During the same quarter last year, the business earned ($1.38) earnings per share. On average, equities analysts anticipate that Petroquest Energy will post ($0.61) earnings per share for the current year.

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Large investors have recently bought and sold shares of the company. Divisar Capital Management LLC lifted its stake in shares of Petroquest Energy by 10.9% during the second quarter. Divisar Capital Management LLC now owns 1,167,162 shares of the energy company’s stock worth $2,311,000 after buying an additional 114,271 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Petroquest Energy by 4.6% during the first quarter. Renaissance Technologies LLC now owns 389,225 shares of the energy company’s stock worth $1,066,000 after purchasing an additional 17,036 shares during the last quarter. Parkwood LLC raised its holdings in shares of Petroquest Energy by 143.3% during the second quarter. Parkwood LLC now owns 405,584 shares of the energy company’s stock worth $803,000 after purchasing an additional 238,857 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of Petroquest Energy by 3.5% during the second quarter. Oppenheimer & Co. Inc. now owns 1,101,609 shares of the energy company’s stock worth $2,181,000 after purchasing an additional 37,584 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Petroquest Energy by 6.6% during the second quarter. Vanguard Group Inc. now owns 646,446 shares of the energy company’s stock worth $1,280,000 after purchasing an additional 40,059 shares during the last quarter. Institutional investors and hedge funds own 37.48% of the company’s stock.

About Petroquest Energy

PetroQuest Energy, Inc is an oil and gas company. The Company is engaged in exploratory, development and acquisition activities. The Company has approximately 30 gross exploratory wells and over 30 gross development wells. The Company has reserves in various areas, including East Texas, Gulf Coast Basin and Oklahoma Woodford.

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