Among 37 analysts covering Parsley Energy Inc (NYSE:PE), 30 have Buy rating, 0 Sell and 7 Hold.
Analysts are expecting average earnings estimates of $0.22 for the current quarter based on the opinion of 26 analysts, relating to high earnings per share estimates of $0.32 and low estimates of $0.13, however Parsley Energy (NYSE:PE) reported $0.15 earnings per share for the same quarter previous year. As the opening bell rang the price was $26.71 but as the trading finished, the stock escalated, wrapping up with a gain of 1.09%. The stock traded with the volume of 3.48 Million shares yesterday.
Parsley Energy (NYSE:PE) up 0.19% to close at the price of $26.82. It has outperformed by 9.39% the S&P500.More news: Brokerages Set Nike Inc (NKE) PT at $65.71
Pointstate Capital Lp increased its stake in Facebook Inc (FB) by 5.53% based on its latest 2017Q3 regulatory filing with the SEC. The stock decreased 4.11% or $0.038 during the last trading session, reaching $0.882. Caymus Capital Partners L.P. owns 2.91 million shares or 9.64% of their United States portfolio. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since March 14, 2017 and is uptrending. It has outperformed by 48.71% the S&P500. Scotiabank reiterated a "hold" rating and issued a $20.00 target price on shares of SM Energy in a research note on Wednesday, November 22nd. Vg (NYSE:VG) was reduced too. Sheffield Bryan also bought $4.99 million worth of Parsley Energy, Inc.
Analysts await CNX Midstream Partners LP (NYSE:CNXM) to report earnings on May, 3. A high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. CNXM's profit will be $24.80M for 12.31 P/E if the $0.39 EPS becomes a reality.
Since February 26, 2018, it had 3 insider purchases, and 1 sale for $5.04 million activity. The insider Roberts Colin sold 10,000 shares worth $261,400.More news: Tesla Inc (TSLA) Shares Sold by Teachers Advisors LLC
However out of 26 analysts 12 suggest Parsley Energy (NYSE:PE) a Strong Buy, 15 suggested Buy, 6 Hold and 0 Sell, while 0 analysts recommend the stock a Strong Sell. Therefore 81% are positive. Douglass Winthrop Advisors LLC owned 0.21% of SM Energy worth $5,280,000 at the end of the most recent reporting period. The stock of Citigroup Inc. (NYSE:PE) has "Buy" rating given on Monday, December 11 by Northland Capital. The firm earned "Strong Buy" rating on Friday, August 14 by EdgeCrest. Marathon Capital Mngmt owns 13,250 shares. BMO Capital Markets maintained Parsley Energy, Inc. Finally, Williams Capital set a $34.00 price objective on Parsley Energy and gave the stock a "hold" rating in a research report on Thursday, February 22nd. The stock has "Buy" rating by Roth Capital on Sunday, August 13. RBC Capital Markets maintained it with "Buy" rating and $36.0 target in Friday, November 10 report. The rating was initiated by Bank of America with "Buy" on Tuesday, December 1. Its down 0.27, from 1.4 in 2017Q2.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. The company has volume of 3.5 Million shares.
Parsley Energy (NYSE:PE) last issued its quarterly earnings data on Wednesday, February 21st. (NYSE:PE) for 500,000 shares. (NYSE:PE)'s stock was -8.83%. The company has Beta Value of -0.39 and ATR value of 0.93. Castleark Management Limited Liability Co has invested 0.02% in Parsley Energy, Inc. Icon Advisers Inc owns 295,410 shares for 0.55% of their portfolio. Caxton Assocs Limited Partnership holds 375,163 shares or 0.35% of its portfolio. Cerebellum GP LLC acquired a new stake in shares of Parsley Energy in the 4th quarter valued at approximately $128,000. Moreover, Passport Capital Llc has 9.21% invested in the company for 1.27 million shares. Regions Fin invested in 0% or 10,104 shares. Agf Invs Incorporated has invested 0.04% in Parsley Energy, Inc.More news: Purdue professor recovering and wife dead, after missing persons report
Investors sentiment decreased to 1.15 in 2017 Q3. Its up 1.08, from 1.25 in 2017Q2. It fall, as 53 investors sold FB shares while 618 reduced holdings. 2 funds opened positions while 3 raised stakes. Syntal Capital Partners Llc, a Texas-based fund reported 353,068 shares. (NYSE:PE). Segall Bryant And Hamill Limited Liability holds 52,718 shares or 0.03% of its portfolio. Class A (PE)'s stock declined 0.66%. First Wilshire Secs Mngmt Inc invested 0.64% of its portfolio in Pioneer Power Solutions, Inc. (NASDAQ:TCX) for 426,515 shares. Engineers Gate Manager LP has invested 0.25% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 88,900 shares. Citadel Advsrs holds 12,915 shares. (NYSE:PE). State Board Of Administration Of Florida Retirement Sys reported 0.02% of its portfolio in Parsley Energy, Inc. Us Savings Bank De reported 79,948 shares. Aviance Cap Llc stated it has 15,645 shares. Fifth Third Bancshares accumulated 0% or 1,000 shares.