Hot Stock Overview: Denbury Resources Inc. (NYSE:DNR)

66

Denbury Resources Inc. (NYSE:DNR) Belonging to the Oils-Energy sector which surged 2.54% and closed its last trading session at $3.23.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/3/2016. Currently, the stock has a 1 Year Price Target of $3.2.

The consensus recommendation, according to Zacks Investment research, is 3.57. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 3.57 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3.25 and 3.4 respectively.

Denbury Resources Inc. on 6/30/2016 reported its EPS as $0.08 with the analysts projecting the EPS of the stock as $0.02. The company beat the analyst EPS Estimate with the difference of $0.06. This shows a surprise factor of 300%.

Many analysts have provided their estimated foresights on Denbury Resources Inc. Earnings, with 12 analysts believing the company would generate an Average Estimate of $-0.03. Whereas they predicted High and Low Earnings Estimate as $0 and $-0.05 respectively. While in the same Quarter Previous year, the Actual EPS was $0.18.

Analysts are also projecting an Average Revenue Estimate for Denbury Resources Inc. as $253.05 Million in the Current Quarter. This estimate is provided by 8 analysts. The High Revenue estimate is predicted as 267.9 Million, while the Low Revenue Estimate prediction stands at 230.79 Million. The company’s last year sales total was 303.6 Million.

For the Current Quarter, the growth estimate for Denbury Resources Inc. is -116.7%, while for the Next Quarter the stock growth estimate is -300%. In the past 5 years, the stock showed growth of -25.65% per annum. While for the next 5 years, the growth estimate is 2.11%.

The Company got Downgrade by Barclays on 10-Aug-16 from Equal Weight to Underweight.

Insider Trades for Denbury Resources Inc. show that the latest trade was made on 7 Sep 2016 where Kendall (Christian S), the Chief Operating Officer completed a transaction type “Sell” in which 27897 shares were traded at a price of $3.41.

 

11 analysts projected Price Targets for Denbury Resources Inc. The analysts believe that the company stock price could grow as high as $6. The Low Price target projection by analysts is $1.25 and the Mean Price Target is $3.2.

Denbury Resources Inc. (NYSE:DNR) has the market capitalization of $1.25 Billion. The company rocked its 52-Week High of $4.8 on Apr 28, 2016 and touched its 52-Week Low of $0.86 on Jan 20, 2016. The stock has Return on Assets (ROA) of -62.2 percent. Return on Equity (ROE) stands at -277.2% and Return on Investment (ROI) of -96.6 percent.

The stock is currently showing YTD performance of 59.9 Percent. The company has Beta Value of 3.11 and ATR value of 0.24. The Weekly and Monthly Volatility stands at 10.66% and 7.54%.

Company profile:

Denbury Resources Inc. is oil and gas company engaged in the exploration, production and development of natural gas properties in the Gulf Coast region located in Mississippi, Texas, Louisiana, and Alabama. It also has properties primarily located in Montana, North Dakota, Utah, and Wyoming. Denbury Resources Inc is headquartered in Plano, Texas.