Hot Stocks for Investors: Harris Corporation (NYSE:HRS), Abraxas Petroleum Corporation (NASDAQ:AXAS)

u.s stocks , earnings estimates

Harris Corporation (NYSE:HRS)

Barclays Upgrades Harris Corporation (NYSE:HRS)’s stock to Overweight with the price target of $181. This rating was issued on 11/13/18. The stock recently closed its previous session at $150.43 by showing a percentage change of 1.16% from its previous day closing price of $148.7.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Harris Corporation (NYSE:HRS) in which Raymond James Maintains Harris Corporation (NYSE:HRS) to Outperform by settling a price target of $190 on 10/16/18. UBS Initiates Coverage On the stock to Neutral on 8/16/18 by stationing a price target of $175. Credit Suisse Maintains the company’s stock to Outperform on 8/01/18 by setting a price target of $190. Credit Suisse Maintains Harris Corporation (NYSE:HRS) to Outperform with a price target of $189.

Harris Corporation (NYSE:HRS) currently has a consensus Price Target of $189.55. While some analysts have a High Price target for the stock of $209 and a Low Price Target of $175.

Several sell side analysts reviewed their recommendations on Harris Corporation (NYSE:HRS) where 3 analyst have rated the stock as Strong Buy, 8 analysts said it’s a Buy, 2 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.63. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Harris Corporation (NYSE:HRS) reported its Actual EPS of $1.78/share. The analysts offering Earnings Estimates for the company were believing that Harris Corporation (NYSE:HRS) could bring EPS of $1.71/share. The difference between Actual EPS and Estimated EPS was 0.07 Percent. Thus the company showed an Earnings Surprise of 4.1 Percent.

Harris Corporation (NYSE:HRS) has a market capitalization of 17.7 Billion. The stock traded with the volume of 1.27 Million shares in the last trading session. The stock touched its high share price of $175.50 on 10/16/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 11/15/17 as $137.25. The company has a 1 Year high price target of $189.5. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -4.77%. The Moving Average SMA50 is -7.06% while SMA200 is -4.42%.

Harris Corporation (NYSE:HRS) is currently showing its ROA (Return on Assets) of 7.8%. The Return on Investment (ROI) is at 12.3% while it’s Return on Equity (ROE) value stands at 24.4%. The stock currently shows its YTD (Year to Date) performance of 6.2 percent while its Weekly performance value is -0.09%. The Monthly and Yearly performances are -13.17 percent and 8.25 percent respectively. The Relative Volume value measured for Harris Corporation (NYSE:HRS) is 1.39. The Average Volume (3 months) is 913.59 Million.

The stock currently has its Annual Dividend of $2.74 and an annual Dividend Yield of 1.82 Percent. HRS has P/E (Price to Earnings ttm) value of 24.48, Forward P/E of 16.92, P/C (Price to cash per share) of 58.15 and Price to Free Cash Flow (P/FCF) value of 48.33. The stock is showing its Operating Margin of 17.5 percent.

Company Profile:

Harris Corporation is a leading technology innovator, solving customers’ toughest mission-critical challenges by providing solutions that connect, inform and protect. Harris is one of the only companies concentrated exclusively on developing the trusted solutions that solve the toughest technology challenges faced by businesses and governments around the world. The company is a proven leader in tactical communications, geospatial systems and services, air traffic management, environmental solutions, avionics and electronic warfare, and space and intelligence. The company is organized into four business segments: Communication Systems, Space and Intelligence Systems, Electronic Systems and Critical Networks. Harris’ Public Safety and Professional Communications business is a leading supplier of communications systems and equipment to support public safety, federal, utility, commercial and transportation markets.

Abraxas Petroleum Corporation (NASDAQ:AXAS)

Stifel Nicolaus Maintains Abraxas Petroleum Corporation (NASDAQ:AXAS)’s stock to Buy with the price target of $4.7. This rating was issued on 5/09/18. The stock recently closed its previous session at $1.62 by showing a percentage change of -3.57% from its previous day closing price of $1.68.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Abraxas Petroleum Corporation (NASDAQ:AXAS) in which Stifel Nicolaus Maintains Abraxas Petroleum Corporation (NASDAQ:AXAS) to Buy by settling a price target of $3.7 on 3/14/18. Stifel Nicolaus Maintains the stock to Buy on 1/31/18 by stationing a price target of $3.3. Seaport Global Upgrades the company’s stock to Buy on 8/11/17 with no specific Price Target. Canaccord Genuity Initiates Coverage On Abraxas Petroleum Corporation (NASDAQ:AXAS) to Buy with a price target of $2.5.

Abraxas Petroleum Corporation (NASDAQ:AXAS) currently has a consensus Price Target of $3.99. While some analysts have a High Price target for the stock of $5.4 and a Low Price Target of $3.

Several sell side analysts reviewed their recommendations on Abraxas Petroleum Corporation (NASDAQ:AXAS) where 4 analyst have rated the stock as Strong Buy, 3 analysts said it’s a Buy, 0 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Abraxas Petroleum Corporation (NASDAQ:AXAS) reported its Actual EPS of $0.05/share. The analysts offering Earnings Estimates for the company were believing that Abraxas Petroleum Corporation (NASDAQ:AXAS) could bring EPS of $0.05/share. The difference between Actual EPS and Estimated EPS was 0 Percent. Thus the company showed an Earnings Surprise of 0 Percent.

Abraxas Petroleum Corporation (NASDAQ:AXAS) has a market capitalization of 267.79 Million. The stock traded with the volume of 1.27 Million shares in the last trading session. The stock touched its high share price of $3.27 on 05/22/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 11/13/18 as $1.67. The company has a 1 Year high price target of $3.99. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -13.94%. The Moving Average SMA50 is -24.06% while SMA200 is -33.11%.

Abraxas Petroleum Corporation (NASDAQ:AXAS) is currently showing its ROA (Return on Assets) of 4.7%. The Return on Investment (ROI) is at 11% while it’s Return on Equity (ROE) value stands at 11.9%. The stock currently shows its YTD (Year to Date) performance of -34.15 percent while its Weekly performance value is -10%. The Monthly and Yearly performances are -26.36 percent and -23.58 percent respectively. The Relative Volume value measured for Abraxas Petroleum Corporation (NASDAQ:AXAS) is 1.12. The Average Volume (3 months) is 1.14 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. AXAS has P/E (Price to Earnings ttm) value of 0, Forward P/E of 4.11, P/C (Price to cash per share) of 312.07 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 25.6 percent.

Company Profile:

Abraxas Petroleum Corporation is an independent energy company engaged primarily in the acquisition, exploration, exploitation and production of crude oil and natural gas. They seek to complement their acquisition and development activities by selectively participating in exploration projects with experienced industry partners.