Equities research analysts expect that EP Energy Corp (NYSE:EPE) will announce earnings per share of ($0.11) for the current fiscal quarter, Zacks reports. Six analysts have made estimates for EP Energy’s earnings, with the highest EPS estimate coming in at ($0.08) and the lowest estimate coming in at ($0.15). EP Energy reported earnings per share of $0.12 during the same quarter last year, which indicates a negative year-over-year growth rate of 191.7%. The firm is expected to report its next earnings report on Wednesday, March 7th.

On average, analysts expect that EP Energy will report full year earnings of ($0.43) per share for the current fiscal year, with EPS estimates ranging from ($0.48) to ($0.40). For the next financial year, analysts forecast that the firm will post earnings of ($0.32) per share, with EPS estimates ranging from ($0.51) to ($0.19). Zacks’ EPS averages are an average based on a survey of analysts that cover EP Energy.

Several research firms have recently issued reports on EPE. ValuEngine downgraded shares of EP Energy from a “sell” rating to a “strong sell” rating in a research note on Friday, February 2nd. Deutsche Bank began coverage on shares of EP Energy in a research note on Thursday, February 1st. They set a “hold” rating and a $2.50 target price for the company. Stifel Nicolaus set a $3.00 target price on shares of EP Energy and gave the stock a “hold” rating in a research note on Tuesday, January 30th. Zacks Investment Research downgraded shares of EP Energy from a “buy” rating to a “hold” rating in a research note on Monday, January 22nd. Finally, Robert W. Baird lifted their target price on shares of EP Energy from $2.00 to $5.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 2nd. Eight analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $3.20.

EP Energy (EPE) traded up $0.03 during mid-day trading on Friday, hitting $1.90. 53,150 shares of the stock traded hands, compared to its average volume of 820,306. The company has a market capitalization of $483.27, a P/E ratio of -1.76 and a beta of 3.96. EP Energy has a 12-month low of $1.54 and a 12-month high of $5.77. The company has a debt-to-equity ratio of 8.01, a current ratio of 0.69 and a quick ratio of 0.65.

Several hedge funds and other institutional investors have recently modified their holdings of EPE. Wells Fargo & Company MN lifted its position in shares of EP Energy by 11.7% during the second quarter. Wells Fargo & Company MN now owns 28,848 shares of the energy producer’s stock valued at $106,000 after purchasing an additional 3,028 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of EP Energy during the third quarter valued at about $160,000. Rhumbline Advisers lifted its position in shares of EP Energy by 0.6% during the second quarter. Rhumbline Advisers now owns 58,536 shares of the energy producer’s stock valued at $214,000 after purchasing an additional 375 shares in the last quarter. Virtu KCG Holdings LLC lifted its position in shares of EP Energy by 86.4% during the second quarter. Virtu KCG Holdings LLC now owns 82,065 shares of the energy producer’s stock valued at $300,000 after purchasing an additional 38,029 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its position in shares of EP Energy by 207.8% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 186,220 shares of the energy producer’s stock valued at $440,000 after purchasing an additional 125,720 shares in the last quarter. Hedge funds and other institutional investors own 68.93% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was published by Watch List News and is owned by of Watch List News. If you are reading this report on another site, it was illegally stolen and republished in violation of US & international copyright & trademark law. The correct version of this report can be viewed at https://www.watchlistnews.com/1850827-2/1850827.html.

About EP Energy

EP Energy Corporation (EP Energy) is an independent exploration and production company. The Company is engaged in the acquisition and development of unconventional onshore oil and natural gas properties in the United States. The Company operates through a base of producing assets. It is involved in the development of its drilling inventory located in three areas: the Eagle Ford Shale (South Texas), the Wolfcamp Shale (Permian Basin in West Texas) and the Altamont Field in the Uinta Basin (Northeastern Utah).

Get a free copy of the Zacks research report on EP Energy (EPE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for EP Energy (NYSE:EPE)

Receive News & Ratings for EP Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EP Energy and related companies with MarketBeat.com's FREE daily email newsletter.