WPX Energy Inc (NYSE:WPX) plunged -2.61% during previous trade, a total of 9.64M shares exchanged hands compared with its average trading volume of 6.96M shares whereas its relative volume is 1.38. The stock has a market capitalization of $4.70B along with 397.42M outstanding shares. Stock’s intraday price range hit the peak level of $12.15 and touched the lowest level of $11.71.
Most recently WPX Energy Inc (NYSE:WPX)’s price target was revised on 04/24/17 and according to 26 analysts stock’s price will reach at $18.56 during 52 weeks with standard deviation of 2.83. Stock’s minimum price target estimates has been figured out at $14 while the maximum price target forecast is established at $27, if we look at the price target with an optimistic approach it has upside potential of 126% from its latest closing price of $11.94.
Historically, if we look at price target revisions, three weeks ago WPX Energy Inc (NYSE:WPX)’s price target was revised on 3/31/17 by the analysts, however the bullish price estimates of the stock set at $24 while the bearish estimates kept at $13 over the next one year. Stock’s 52-week target was retained at $17.88, the estimates indicates a standard deviation of 2.96.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.39. ABR value is precisely based on brokerage recommendations, where out of 18 brokerage recommendations 14 rate WPX Energy Inc (NYSE:WPX) stock a Strong Buy, 1 rate the stocks of the company a Buy, 3 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 3/31/17 the stock of WPX Energy Inc (NYSE:WPX) upgraded by Seaport Global Securities from Neutral to Buy. However previously on 11/28/16 it was upgraded by Deutsche Bank from Hold to Buy. A research note issued on 10/17/16 the stock was upgraded by Barclays from Underweight to Equal Weight.
WPX Energy Inc (NYSE:WPX) performance over the past one year soared 28.94% whereas its year to date (YTD) performance indicated a bearish trend of -18.04%. During the last six months the stock climbed 2.67%. Quarterly performance of the company shows declining momentum of -16.33% while its last one month trend is negative with -6.35%. Stock’s weekly performance expressed down trend of -2.21%.
The company’s price sits -6.67% below from its 50-day moving average of $12.60 and -5.68% away from the stock’s 200-day moving average which is $13.22. WPX Energy Inc (NYSE:WPX)’s shares are currently trading -26.16% away from the 52-week high price of $16.17 and +48.69% far from the 52-week low price of $8.03.
According to consensus agreement of 20 analysts WPX Energy Inc (NYSE:WPX) will report earnings per share of $-0.17 in their quarterly report and it is expected to announce the company’s results on 5/3/17 After Market Close. For the current quarter the company has high EPS estimates of $-0.14 in contradiction of low EPS estimates of $-0.24. However a year ago for the same quarter the company has reported $-0.21 EPS. Current year EPS projections for WPX Energy Inc (NYSE:WPX) set at $-0.57 according to the sentiments of 25 analysts, while its lowest earnings estimates are $-0.78 and highest earnings estimates are $-0.34.
According to 16 analysts, WPX Energy Inc (NYSE:WPX)’s revenue estimates for the current quarter are $250.58M meanwhile the company has high revenue estimates of $277.2M in contradiction of low revenue estimates of $232.34M. For the current year the company’s revenue estimates are $1.28B compared to low analyst estimates of $1.21B and high estimates of $1.42B according to the projection of 18 analysts.