Revenue Growth Analysis of Callon Petroleum Company (NYSE:CPE)

67

Callon Petroleum Company (NYSE:CPE) Belonging to the Oils-Energy sector which surged 4.81% and closed its last trading session at $15.7.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/2/2016. Currently, the stock has a 1 Year Price Target of $18.1.

The consensus recommendation, according to Zacks Investment research, is 1.11. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 1.07 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.07 and 1 respectively.

Callon Petroleum Company on 6/30/2016 reported its EPS as $0.05 with the analysts projecting the EPS of the stock as $0.04. The company beat the analyst EPS Estimate with the difference of $0.01. This shows a surprise factor of 25%.

Many analysts have provided their estimated foresights on Callon Petroleum Company Earnings, with 22 analysts believing the company would generate an Average Estimate of $0.08. Whereas they predicted High and Low Earnings Estimate as $0.13 and $0.04 respectively. While in the same Quarter Previous year, the Actual EPS was $0.05.

Analysts are also projecting an Average Revenue Estimate for Callon Petroleum Company as $60.21 Million in the Current Quarter. This estimate is provided by 17 analysts. The High Revenue estimate is predicted as 65.9 Million, while the Low Revenue Estimate prediction stands at 55 Million. The company’s last year sales total was 34.32 Million.

For the Current Quarter, the growth estimate for Callon Petroleum Company is 60%, while for the Next Quarter the stock growth estimate is 100%. In the past 5 years, the stock showed growth of -3.22% per annum. While for the next 5 years, the growth estimate is 89.56%.

The Company got Upgrade by RBC Capital Mkts on 8-Sep-16 from Sector Perform to Outperform.

Insider Trades for Callon Petroleum Company show that the latest trade was made on 30 Jun 2016 where Weant (Jerry A.), the Officer completed a transaction type “Buy” in which 33333 shares were traded at a price of $11.66.

Over the period of 6 months, Insider Purchases show a total of 1 transaction in which 7000 shares were traded. 3 Insider Sales transactions were made totaling 37227 shares traded.

24 analysts projected Price Targets for Callon Petroleum Company. The analysts believe that the company stock price could grow as high as $21. The Low Price target projection by analysts is $12.42 and the Mean Price Target is $18.1.

Callon Petroleum Company (NYSE:CPE) has the market capitalization of $2.35 Billion. The company rocked its 52-Week High of $15.91 on Sep 8, 2016 and touched its 52-Week Low of $4.21 on Jan 20, 2016. The stock has Return on Assets (ROA) of -38.9 percent. Return on Equity (ROE) stands at -76.2% and Return on Investment (ROI) of -35.8 percent.

The stock is currently showing YTD performance of 88.25 Percent. The company has Beta Value of 1.68 and ATR value of 0.64. The Weekly and Monthly Volatility stands at 5.23% and 4.19%.

Company profile:

Callon Petroleum Company has been engaged in the exploration, development, acquisition and production of oil and gas properties since 1950.