$0.21 EPS Expected for Parsley Energy, Inc. (PE)

April 21, 2018 - By Vivian Park

Investors sentiment decreased to 1.01 in 2017 Q4. Its down 0.12, from 1.13 in 2017Q3. It fall, as 49 investors sold Parsley Energy, Inc. shares while 96 reduced holdings. 54 funds opened positions while 93 raised stakes. 251.44 million shares or 1.93% more from 246.67 million shares in 2017Q3 were reported.
Paradigm Asset Management Lc holds 0.02% or 2,050 shares. State Street owns 5.78M shares. The New York-based Clinton Gp has invested 0.07% in Parsley Energy, Inc. (NYSE:PE). The Iowa-based At Bancorp has invested 0.09% in Parsley Energy, Inc. (NYSE:PE). Point72 Asset Mngmt L P has 939,200 shares for 0.12% of their portfolio. Teton Advsr holds 0.05% or 17,400 shares. Fmr Limited Liability accumulated 0.04% or 11.68 million shares. Adage Capital Prtnrs Limited Liability has invested 0.38% in Parsley Energy, Inc. (NYSE:PE). Kazazian Asset Mgmt Limited Liability Company holds 13,799 shares. Hodges Capital Management holds 203,250 shares or 0.44% of its portfolio. Robeco Institutional Asset Mngmt Bv owns 29,229 shares or 0% of their US portfolio. Amalgamated National Bank has invested 0.04% in Parsley Energy, Inc. (NYSE:PE). Jane Street Group Limited Liability Company owns 96,490 shares for 0.01% of their portfolio. 2.57 million were accumulated by Lord Abbett And Ltd Llc. Blackrock Inc has invested 0.02% in Parsley Energy, Inc. (NYSE:PE).

Since February 26, 2018, it had 3 insider purchases, and 2 sales for $4.83 million activity. $212,175 worth of Parsley Energy, Inc. (NYSE:PE) was sold by Roberts Colin. On Tuesday, February 27 ALAMEDDINE A R bought $259,900 worth of Parsley Energy, Inc. (NYSE:PE) or 10,000 shares. Brokmeyer Ron also bought $51,320 worth of Parsley Energy, Inc. (NYSE:PE) on Wednesday, February 28.

Analysts expect Parsley Energy, Inc. (NYSE:PE) to report $0.21 EPS on May, 3 after the close.They anticipate $0.06 EPS change or 40.00 % from last quarter’s $0.15 EPS. PE’s profit would be $66.15M giving it 36.18 P/E if the $0.21 EPS is correct. After having $0.30 EPS previously, Parsley Energy, Inc.’s analysts see -30.00 % EPS growth. The stock increased 0.03% or $0.01 during the last trading session, reaching $30.39. About 6.48M shares traded or 4.54% up from the average. Parsley Energy, Inc. (NYSE:PE) has declined 12.13% since April 21, 2017 and is downtrending. It has underperformed by 23.68% the S&P500.

Parsley Energy, Inc. (NYSE:PE) Ratings Coverage

Among 20 analysts covering Parsley Energy (NYSE:PE), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Parsley Energy had 41 analyst reports since October 23, 2017 according to SRatingsIntel. The firm earned “Outperform” rating on Tuesday, December 19 by Robert W. Baird. The rating was maintained by Credit Suisse on Tuesday, January 23 with “Buy”. The stock has “Buy” rating by BMO Capital Markets on Thursday, January 11. The stock of Parsley Energy, Inc. (NYSE:PE) has “Buy” rating given on Thursday, November 9 by Northland Capital. As per Tuesday, January 9, the company rating was maintained by Piper Jaffray. JP Morgan maintained Parsley Energy, Inc. (NYSE:PE) on Tuesday, March 13 with “Overweight” rating. The firm has “Outperform” rating given on Friday, March 2 by BMO Capital Markets. KeyBanc Capital Markets maintained Parsley Energy, Inc. (NYSE:PE) on Monday, October 23 with “Buy” rating. Seaport Global downgraded the shares of PE in report on Tuesday, April 3 to “Hold” rating. On Friday, April 13 the stock rating was maintained by RBC Capital Markets with “Buy”.

Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of natural gas and crude oil properties in the Permian Basin in West Texas and Southeastern New Mexico. The company has market cap of $9.57 billion. As of December 31, 2016, its acreage position consisted of 138,567 net acres, including 95,072 net acres in the Midland Basin and 43,495 net acres in the Delaware Basin; and 146.7 net producing horizontal wells and 481.5 net producing vertical wells, as well an estimated proved oil and natural gas reserves were 222.3 MMBoe. It has a 72.36 P/E ratio.

Parsley Energy, Inc. (NYSE:PE) Institutional Positions Chart

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