Jagged Peak Energy (JAG) Receives Media Impact Score of 0.10
News stories about Jagged Peak Energy (NYSE:JAG) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, 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 headlines about the mining company an impact score of 46.201522671537 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
JAG has been the subject of several recent research reports. Scotiabank reiterated a “hold” rating and issued a $16.00 price objective on shares of Jagged Peak Energy in a research note on Wednesday. Citigroup Inc. set a $19.00 price objective on Jagged Peak Energy and gave the company a “buy” rating in a research note on Tuesday, August 15th. Royal Bank Of Canada reiterated a “buy” rating and issued a $17.00 price objective on shares of Jagged Peak Energy in a research note on Friday, November 3rd. Wolfe Research initiated coverage on Jagged Peak Energy in a research note on Tuesday, November 14th. They issued a “market perform” rating for the company. Finally, Zacks Investment Research upgraded Jagged Peak Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, September 20th. One 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 company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $17.72.
Jagged Peak Energy (NYSE:JAG) traded up $0.16 during mid-day trading on Friday, reaching $15.23. The company had a trading volume of 334,876 shares, compared to its average volume of 964,266. The stock has a market capitalization of $3,208.87 and a PE ratio of 79.32. Jagged Peak Energy has a 12-month low of $10.96 and a 12-month high of $15.25. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.38 and a current ratio of 0.38.
Jagged Peak Energy (NYSE:JAG) last posted its earnings results on Wednesday, November 8th. The mining company reported $0.07 earnings per share for the quarter, hitting the consensus estimate of $0.07. The firm had revenue of $70.45 million during the quarter, compared to analysts’ expectations 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 business’s revenue was up 219.3% on a year-over-year basis. research analysts predict that Jagged Peak Energy will post 0.28 EPS for the current fiscal year.
In related news, insider Shonn D. Stahlecker sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $15.04, for a total transaction of $1,504,000.00. Following the completion of the sale, the insider now owns 372,986 shares in the company, valued at $5,609,709.44. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
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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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