Jagged Peak Energy (JAG) Earning Somewhat Positive Press Coverage, Accern Reports
News coverage about Jagged Peak Energy (NYSE:JAG) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Jagged Peak Energy earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave news headlines about the mining company an impact score of 47.1594833606666 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several equities analysts have recently issued reports on JAG shares. Royal Bank Of Canada set a $17.00 price target on Jagged Peak Energy and gave the company a “buy” rating in a research note on Thursday, August 24th. Zacks Investment Research lowered Jagged Peak Energy from a “hold” rating to a “sell” rating in a research note on Saturday, September 9th. ValuEngine lowered Jagged Peak Energy from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Jefferies Group started coverage on Jagged Peak Energy in a research note on Monday, October 9th. They set a “hold” rating and a $14.00 price target on the stock. Finally, Scotiabank set a $16.00 price target on Jagged Peak Energy and gave the company a “hold” rating in a research note on Wednesday, November 22nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and sixteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $17.72.
Shares of Jagged Peak Energy (NYSE JAG) opened at $15.29 on Monday. The company has a market capitalization of $3,260.00 and a PE ratio of 80.47. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.05. Jagged Peak Energy has a fifty-two week low of $10.96 and a fifty-two week high of $15.52.
Jagged Peak Energy (NYSE:JAG) last released its quarterly earnings data on Wednesday, November 8th. The mining company reported $0.07 EPS for the quarter, meeting analysts’ consensus estimates of $0.07. The business had revenue of $70.45 million during the quarter, compared to the consensus estimate of $72.50 million. Jagged Peak Energy had a positive return on equity of 6.80% and a negative net margin of 200.39%. The company’s quarterly revenue was up 219.3% compared to the same quarter last year. equities analysts expect that Jagged Peak Energy will post 0.28 EPS for the current fiscal year.
In other Jagged Peak Energy news, CEO Joseph N. Jaggers sold 58,844 shares of the stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $15.28, for a total value of $899,136.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shonn D. Stahlecker sold 100,000 shares of the stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $15.04, for a total value of $1,504,000.00. Following the completion of the sale, the insider now owns 372,986 shares of the company’s stock, valued at $5,609,709.44. The disclosure for this sale can be found here. Insiders sold 165,500 shares of company stock valued at $2,504,640 in the last quarter.
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Jagged Peak Energy Company Profile
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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