Hot Stock for Investors: Northern Oil and Gas, Inc. (NYSEMKT:NOG)

Northern Oil and Gas, Inc. (NYSEMKT:NOG) belonging to the Oils-Energy sector which declined -4.85% and closed its last trading session at $2.55.

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 $5.14.

The consensus recommendation, according to Zacks Investment research, is 2.83. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.83 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.83 and 2.83 respectively.

Northern Oil and Gas, Inc. on 6/30/2016 reported its EPS as $0.1 with the analysts projecting the EPS of the stock as $0.06. The company beat the analyst EPS Estimate with the difference of $0.04. This shows a surprise factor of 66.7%.

Many analysts have provided their estimated foresights on Northern Oil and Gas, Inc. Earnings, with 11 analysts believing the company would generate an Average Estimate of $0. Whereas they predicted High and Low Earnings Estimate as $0.11 and $-0.05 respectively. While in the same Quarter Previous year, the Actual EPS was $0.24.

Analysts are also projecting an Average Revenue Estimate for Northern Oil and Gas, Inc. as $52.97 Million in the Current Quarter. This estimate is provided by 9 analysts. The High Revenue estimate is predicted as 64.18 Million, while the Low Revenue Estimate prediction stands at 42.7 Million. The company’s last year sales total was 101.16 Million.

For the Current Quarter, the growth estimate for Northern Oil and Gas, Inc. is -100%, while for the Next Quarter the stock growth estimate is -96%. In the past 5 years, the stock showed growth of -16.53% per annum. While for the next 5 years, the growth estimate is 5%.

The Company got Downgrade by Global Hunter Securities on 2-Dec-14 from Buy to Neutral.

Insider Trades for Northern Oil and Gas, Inc. show that the latest trade was made on 26 Sep 2016 where Frantz (Michael A), the Director completed a transaction type “Buy” in which 19231 shares were traded at a price of $0.

Over the period of 6 months, Insider Purchases show a total of 2 transaction in which 175000 shares were traded.

9 analysts projected Price Targets for Northern Oil and Gas, Inc. The analysts believe that the company stock price could grow as high as $7.5. The Low Price target projection by analysts is $2 and the Mean Price Target is $5.14.

Northern Oil and Gas, Inc. (NYSEMKT:NOG) has the market capitalization of $179.44 Million. The company rocked its 52-Week High of $5.95 on Oct 7, 2015 and touched its 52-Week Low of $1.99 on Jan 20, 2016. The stock has Return on Assets (ROA) of -105.9 percent. Return on Equity (ROE) stands at 298.9% and Return on Investment (ROI) of -143.8 percent.

The stock is currently showing YTD performance of -33.94 Percent. The company has Beta Value of 1.24 and ATR value of 0.22. The Weekly and Monthly Volatility stands at 8.47% and 7.13%.

Company profile:

NORTHRN OIL & GAS, Inc. is an exploration and production company based in Wayzata, Minnesota. Northern Oil’s core area of focus is the Williston Basin, specifically the Mountrail County, North Dakota area Bakken Play. Northern Oil’s secondary objective is conventional, 3D driven, oil and gas exploration and development throughout the Rocky Mountain region.