Equities research analysts expect that HighPoint Resources Corp (NYSE:HPR) will post earnings per share of ($0.03) for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for HighPoint Resources’ earnings, with the highest EPS estimate coming in at $0.01 and the lowest estimate coming in at ($0.06). HighPoint Resources posted earnings of ($0.02) per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 50%. The business is expected to issue its next quarterly earnings report on Wednesday, August 14th.

According to Zacks, analysts expect that HighPoint Resources will report full-year earnings of ($0.09) per share for the current financial year, with EPS estimates ranging from ($0.20) to $0.08. For the next financial year, analysts expect that the company will report earnings of $0.08 per share, with EPS estimates ranging from ($0.17) to $0.31. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow HighPoint Resources.

HighPoint Resources (NYSE:HPR) last announced its quarterly earnings results on Monday, May 6th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02). The business had revenue of $101.98 million for the quarter, compared to analyst estimates of $109.28 million. HighPoint Resources had a negative return on equity of 0.95% and a net margin of 10.53%. HighPoint Resources’s quarterly revenue was up 26.2% compared to the same quarter last year. During the same period last year, the firm earned ($0.05) EPS.

A number of equities analysts have weighed in on the company. Zacks Investment Research downgraded HighPoint Resources from a “hold” rating to a “strong sell” rating in a research report on Friday, May 17th. ValuEngine downgraded HighPoint Resources from a “hold” rating to a “sell” rating in a research report on Wednesday, May 1st. Finally, MKM Partners set a $5.00 price target on HighPoint Resources and gave the stock a “buy” rating in a research report on Thursday, March 7th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. HighPoint Resources currently has a consensus rating of “Hold” and a consensus target price of $6.38.

NYSE HPR traded up $0.08 during trading on Monday, reaching $1.71. 11,453 shares of the company’s stock were exchanged, compared to its average volume of 1,386,511. The firm’s 50 day simple moving average is $2.17. The firm has a market capitalization of $348.43 million, a PE ratio of -57.00 and a beta of 3.30. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.62. HighPoint Resources has a fifty-two week low of $1.57 and a fifty-two week high of $7.24.

In other news, SVP Kenneth A. Wonstolen acquired 15,000 shares of HighPoint Resources stock in a transaction dated Tuesday, May 28th. The stock was bought at an average price of $1.88 per share, for a total transaction of $28,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Paul W. Geiger III acquired 29,000 shares of HighPoint Resources stock in a transaction dated Thursday, May 30th. The shares were purchased at an average price of $1.92 per share, with a total value of $55,680.00. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 154,000 shares of company stock valued at $298,530. Corporate insiders own 1.00% of the company’s stock.

Several large investors have recently modified their holdings of HPR. Marshall Wace North America L.P. bought a new stake in shares of HighPoint Resources in the first quarter valued at approximately $25,000. PEAK6 Investments LLC bought a new stake in shares of HighPoint Resources in the fourth quarter valued at approximately $34,000. Deltec Asset Management LLC boosted its stake in shares of HighPoint Resources by 100.0% in the first quarter. Deltec Asset Management LLC now owns 20,000 shares of the company’s stock valued at $44,000 after buying an additional 10,000 shares during the period. BNP Paribas Arbitrage SA bought a new stake in shares of HighPoint Resources in the first quarter valued at approximately $50,000. Finally, Magnus Financial Group LLC bought a new stake in shares of HighPoint Resources in the fourth quarter valued at approximately $61,000. Institutional investors own 98.01% of the company’s stock.

HighPoint Resources Company Profile

HighPoint Resources Corporation, together with its subsidiaries, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It primarily holds interests in the Denver Julesburg Basin in Colorado's eastern plains and parts of southeastern Wyoming.

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Earnings History and Estimates for HighPoint Resources (NYSE:HPR)

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