Looking at top Wall Street opinions, Newmont Goldcorp Corporation (NYSE: NEM) has recently made its way into the research list of TD Securities – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of Buy in the eyes of TD Securities, whereas its previous rating was Hold in the eyes of TD Securities, as reported on Monday, April 22nd, 2019. Another heavy-hitting research note was published by B. Riley FBR on Tuesday March 19th, 2019, with this firm Resumed NEM to an updated rating of Neutral. In the past six months and three months of trading, shares of Newmont Goldcorp Corporation (NEM) have moved by -4.52% and -8.91%, respectively.
Brokerage Updates Related to Newmont Goldcorp Corporation (NEM) Stock
This publicly-traded organization generated losses of -0.40% over the last 5 sessions. Right now, this stock is the subject of 17 analystsâ€™ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 2 have given an underperform rating, 0 has given a sell rating, and 4 have given a rating of Buy or better. Based on the 17 stock market experts following this company, the average 12-month price target is $41.33. Moreover, individual price targets range between $32.00-$48.50. With its recent move to $42.00, we can see that these firms project this stock will loss by -22.37% in one year.
Updates from Newmont Goldcorp Corporation (NEM) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.30% rise since the beginning of the calendar year. A EVP, S&ER at Newmont Goldcorp Corporation (NEM) sold off some of its shares in a transaction that was finalized on May 01. Similarly, MacGowan William N sold 3,000 shares of the organization’s stock at $30.90 apiece and racked up $92,700 in earnings from the sale. Now, MacGowan William N holds 212,351 shares of the company following the exchange. A President and COO of the organization named Palmer Thomas Ronald, was engaged in a transaction that occurred on May 01 that managed to be worth $38,625 from the sale of 1,250 common shares at a price of $30.90 per individual share.
Newmont Goldcorp Corporation (NYSE:NEM) Results in the Pipeline
The next scheduled release of financial results for Newmont Goldcorp Corporation will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.28. In the same vein, they expect sales for the quarter to amount to $1,826.39 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $1,803.00 million in revenue alongside EPS at $0.33. On average, the analyst projection was calling for $2,048.00 million with $0.40 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $1,726.00 million, with earnings per share ending up at $0.33.
Northern Oil and Gas, Inc. (NYSE:NOG) experienced a gain of 2.23% from the closing price in the previous trading day. That boost the price to $2.29 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 6,061,835 shares of stock – compared to the typical average of 4.88M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $4.70.
Pricing Indications for Northern Oil and Gas, Inc. (NOG)
This organization has had a price-to-earnings ratio of 12.25 in the last year. Meanwhile, it gained 2.55 from its observable 50-day simple moving average. Right at this moment, the per-share value is -20.37% lower than the mean per-share price over the last 200 days in the market.
Northern Oil and Gas, Inc. (NYSE:NOG) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 2 have a Buy rating, 4 have an outperform rating, while 1 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at , based on information from Thomson Reuters.
NOG Stock Value Potential
In trading activity as of late, this stock’s value was 2.87 up from its 200 day moving average, while also -10.32% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $3.00-$6.80. The market value for the entire organization reached 911.67M. In the last trading session, the price ended the day at $2.24. The institutional holdings related to this organization account for 7.90%, and the Beta factor is now 1.92. This company’s RSI (Relative Strength Index) managed to hit 39.85.
Northern Oil and Gas, Inc. (NYSE:NOG) Analyst Points of Focus
Northern Oil and Gas, Inc. (NOG) has found itself inside of Imperial Capital’s research list, so their analyst rating adjustment is worth taking note of. This stock was Reiterated to In-line, by Imperial Capital, as garnered from a news report on Wednesday January 23rd, 2019. An additional helpful research note was sent out by CapitalOne’s on Tuesday July 31st, 2018. The brokerage decided to upgrade NOG to Overweight from its previous rating of Equal Weight.