Earnings Clues on Mylan NV (MYL), Ultra Petroleum Corp. (UPL) Analyst's Predictions

Lloyd Doyle
September 26, 2017

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -15.96%, and has a solid year to date (YTD) performance of -29.13% which means that the stock is constantly adding to its value from the previous fiscal year end price. Zacks Investment Research lowered shares of Ultra Petroleum Corp from a "hold" rating to a "sell" rating in a report on Wednesday, July 5th. Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument, unless that information is subsequently confirmed on your own. The firm purchased 122,074 shares of the oil and gas exploration company's stock, valued at approximately $1,325,000. The volume of UPL witnessed a shift from 6.51 million shares, based on a 50-day average, to 2.9 million shares. During the last 52 weeks, the price has been as high as $28.47 and as low as $22.83. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. The stock traded within a range of $7.90 and $8.70. During last 3 month period, - of total institutional ownership has changed in the company shares. Himax Technologies (NASDAQ:HIMX) has a Return on Assets (ROA) of 2.4. The return on assets stands at 29.5%, Return on Equity now is -19.4% and the Return on Investment value is -3.9%. Share performance for the month is now at 5.93%. They now have a Dollars 0.65 price target on the stock. Also, it has an estimated price-earnings (P/E) multiple of 4.98 and a trailing 12-month price-earnings (P/E) multiple of 4.19.

The company now has an insider ownership of 1.8 Percent and Institutional ownership of 95.3 Percent. Total debt to equity ratio of Himax Technologies (NASDAQ:HIMX) for most recent quarter is 0.25 whereas long term debt to equity ratio for most recent quarter is 0. (NASDAQ:UPL) expressed a change of -0.64% and closed its trade at $8.59. Equities analysts forecast that Ultra Petroleum Corp will post $2.15 earnings per share for the current fiscal year. That compares with the recent volume average of 6.48 million. That's a potential 74.62 increase relative to where Ultra Petroleum Corp. (NASDAQ:UPL)'s price will reach at $15 during 52 weeks.

Ultra Petroleum Corp.is maintained at an average buy rating by 2 stock analysts, and there are at least 20.74% of shares outstanding that are now legally short sold. (NASDAQ:UPL). Out of rating recommendations 2 have given the stock a Buy while 0 recommend the stock as Outperform. 0 have given the stock a Hold rating, 0 as Underperform and 0 as Sell. The oil and gas exploration company reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by ($0.10).

The collective rating of 1 for Ultra Petroleum Corp. The stock was trading at a distance of -36.84% from its 52-week highs and stands 16.55% away from its 52-week lows.


The stock's 50 day moving average is 8.41 and its 200 day moving average is 10.14.

04/22/2015 - Nomura began new coverage on Ultra Petroleum Corp. giving the company a "neutral" rating. The company's price to free cash flow for trailing twelve months is 5.95. Its quick ratio for most recent quarter is 1.4 along with current ratio for most recent quarter of 1.5. A rating of 4 or 5 would represent a Sell recommendation. Relative strength index (RSI-14) for Ultra Petroleum Corp. Beta value of the stock stands at 0.

Ultra Petroleum Corp (NYSE:UPL) last announced its quarterly earnings results on Wednesday, August 9th. The company now has a Return on Equity (ROE) of -19.4 and a Return on Investment (ROI) of -3.9.

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