Most Active Volume Stock: Resolute Energy Corporation (NYSE:REN)

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Resolute Energy Corporation (NYSE:REN) belonging to the Oils-Energy sector which declined -1.46% and closed its last trading session at $25.68.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/14/2016. Currently, the stock has a 1 Year Price Target of $26.8.

The consensus recommendation, according to Zacks Investment research, is 2.2. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.2 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.67 and 3.67 respectively.

Resolute Energy Corporation on 6/30/2016 reported its EPS as $0.21 with the analysts projecting the EPS of the stock as $-0.03. The company beat the analyst EPS Estimate with the difference of $0.24. This shows a surprise factor of 800%.

Many analysts have provided their estimated foresights on Resolute Energy Corporation Earnings, with 6 analysts believing the company would generate an Average Estimate of $0.45. Whereas they predicted High and Low Earnings Estimate as $0.76 and $0.32 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.7.

Analysts are also projecting an Average Revenue Estimate for Resolute Energy Corporation as $61.83 Million in the Current Quarter. This estimate is provided by 4 analysts. The High Revenue estimate is predicted as 68.3 Million, while the Low Revenue Estimate prediction stands at 44 Million. The company’s last year sales total was 36.62 Million.

For the Current Quarter, the growth estimate for Resolute Energy Corporation is 164.3%, while for the Next Quarter the stock growth estimate is 172%. In the past 5 years, the stock showed growth of 14.22% per annum. While for the next 5 years, the growth estimate is 15%.

The Company got Upgrade by Johnson Rice on 11-Jul-16 from Accumulate to Buy.

Insider Trades for Resolute Energy Corporation show that the latest trade was made on 27 Apr 2016 where Spo Advisory Corp, the Beneficial Owner of More than 10% Class completed a transaction type “Sell” in which 10000000 shares were traded at a price of $0.51.

 

5 analysts projected Price Targets for Resolute Energy Corporation. The analysts believe that the company stock price could grow as high as $35. The Low Price target projection by analysts is $21 and the Mean Price Target is $26.8.

Resolute Energy Corporation (NYSE:REN) has the market capitalization of $364.4 Million. The company rocked its 52-Week High of $26.5 on Sep 30, 2016 and touched its 52-Week Low of $2.05 on Oct 6, 2015. The stock has Return on Assets (ROA) of -90.3 percent. Return on Equity (ROE) stands at 171.6% and Return on Investment (ROI) of -242 percent.

The stock is currently showing YTD performance of 490.34 Percent. The company has Beta Value of 2.7 and ATR value of 1.95. The Weekly and Monthly Volatility stands at 10.85% and 9.18%.

Company profile:

Resolute Energy Corporation, formerly Hicks Acquisition Company I, Inc. (HACI), is an independent oil and gas company engaged in the acquisition, exploitation and development of oil and gas properties. The company operates producing properties in Utah, which were legacy properties acquired from two major oil companies, in connection with a strategic alliance with Navajo Nation Oil and Gas Company (wholly owned by the Navajo Nation) and in Wyoming and Oklahoma, which were acquired through the acquisition of a privately held oil and gas producer. In addition, Resolute owns exploration properties in Wyoming and Alabama.