Price Target Overview of Abraxas Petroleum Corp. (AXAS)


Abraxas Petroleum Corp. (AXAS) belonging to the Oils-Energy sector has surged 5.62% and closed its last trading session at $1.88.

The company reported its EPS on 03/15/2017. Currently, the stock has a 1 Year Price Target of $3.14.

The consensus recommendation, according to Zacks Investment research, is 1.5. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The Stock had a 1.5 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.4 and 2.29 respectively.

Abraxas Petroleum Corp. on 03/15/2017 reported its EPS as $0.01 with the analysts projecting the EPS of the stock as $-0.01. The company beat the analyst EPS Estimate with the difference of $0.02. This shows a surprise factor of 200%.

Many analysts have provided their estimated foresights on Abraxas Petroleum Corp. Earnings, with 5 analysts believing the company would generate an Average Estimate of $0.02.

Whereas they predicted High and Low Earnings Estimate as $0.03 and $0.01 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.01.

Analysts are also projecting an Average Revenue Estimate for Abraxas Petroleum Corp. as $22.12 Million in the Current Quarter. This estimate is provided by 5 analysts.

The High Revenue estimate is predicted as 23.6 Million, while the Low Revenue Estimate prediction stands at 20.1 Million. The company’s last year sales total was 9.56 Million.

For the Current Quarter, the growth estimate for Abraxas Petroleum Corp. is 300%, while for the Next Quarter the stock growth estimate is 160%.

In the past 5 years, the stock showed growth of 114.64% per annum. While for the next 5 years, the growth estimate is 19%.

The Company got Upgrade by Stifel on 20-Jan-17 from Hold to Buy.

Insider Trades for Abraxas Petroleum Corp. show that the latest trade was made on 28 Sep 2016 where Billingsley (Lee T), the Former completed a transaction type “Sell” in which 50000 shares were traded at a price of $1.68.

Over the period of 6 months, Insider Purchases show a total of 8 transaction in which 64700 shares were traded.

8 analysts projected Price Targets for Abraxas Petroleum Corp.. The analysts believe that the company stock price could grow as high as $3.75. The Low Price target projection by analysts is $2.2 and the Mean Price Target is $3.14.

Abraxas Petroleum Corp. (AXAS) has the market capitalization of $318.92 Million. The company rocked its 52-Week High of $2.99 on Jan 5, 2017 and touched its 52-Week Low of $0.89 on Apr 5, 2016.

The stock has Return on Assets (ROA) of -78.6 percent. Return on Equity (ROE) stands at -357.3% and Return on Investment (ROI) of -62.8 percent.

The stock is currently showing YTD performance of -26.85 Percent. The company has Beta Value of 1.46 and ATR value of 0.14. The Weekly and Monthly Volatility stands at 8.71% and 6.62%.