Analyzing the Insider Data for Callon Petroleum Company (CPE)

They set an outperform rating and a $16.00 price target on the stock.

Selz Capital Llc decreased Callon Petroleum Corp (CPE) stake by 65% reported in 2017Q2 SEC filing.

A number of other equities analysts have also weighed in on the company.

Callon Petroleum Company (NYSE:CPE)'s trailing twelve month revenues are $317.3 Million, whereas its price to sales ratio for the same period is 6.84. BMO Capital Markets reissued a buy rating and set a $15.00 price objective on shares of Callon Petroleum in a research note on Wednesday, September 6th. Canaccord Genuity reiterated a "buy" rating and set a $22.00 price objective on shares of Callon Petroleum Company in a research note on Tuesday, February 28th. Furthermore on 7/21/17 Citigroup "Maintained" the stock to Buy at $14. Callon Petroleum had 77 analyst reports since July 21, 2015 according to SRatingsIntel.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 1.7 out of the scale from 1 to 5, where 1 stands for Buy and 5 means Sell. Analysts on average have given a price target of $15.64 to Callon Petroleum Company stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-two have assigned a buy rating to the company. CPE 's 20-day moving average now sits below its 100-day moving average.

Callon Petroleum (CPE) traded down $0.61 during mid-day trading on Wednesday, hitting $10.76. The stock's market cap is $2.25 billion. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.84. Callon Petroleum Company has a 12-month low of $10.34 and a 12-month high of $18.53.

At the end of 09/30/2017 reporting period, 174 institutional holders increased their position in Callon Petroleum Company (NYSE:CPE) by some 45,433,681 shares, 114 decreased positions by 28,268,618 and 31 held positions by 183,096,157. The oil and natural gas company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.01). The firm had revenue of $84.60 million for the quarter, compared to analyst estimates of $81.98 million. The firm's revenue for the quarter was up 51.3% compared to the same quarter past year. BlackRock Inc. now owns 12,953,769 shares of the oil and natural gas company's stock valued at $137,439,000 after purchasing an additional 851,876 shares in the last quarter. The New York-based Morgan Stanley has invested 0% in Callon Petroleum Company (NYSE:CPE). The institutional investor owned 71,793 shares of the oil and natural gas company's stock after purchasing an additional 16,652 shares during the quarter. Hodges Capital Management Inc. lifted its position in shares of Callon Petroleum by 0.5% during the second quarter. Goldman Sachs Group Inc. now owns 7,426,037 shares of the oil and natural gas company's stock valued at $78,790,000 after purchasing an additional 92,434 shares in the last quarter. Teacher Retirement System of Texas lifted its position in shares of Callon Petroleum by 2.0% during the second quarter. State Street Corp now owns 7,845,502 shares of the oil and natural gas company's stock valued at $83,244,000 after purchasing an additional 802,785 shares in the last quarter. Finally, Intrust Bank NA bought a new position in Callon Petroleum in the 3rd quarter valued at $139,000. IL now owns 26,138 shares of the oil and natural gas company's stock worth $277,000 after purchasing an additional 670 shares during the last quarter. If you are reading this story on another site, it was illegally stolen and reposted in violation of USA & worldwide copyright and trademark legislation. First Personal Finance Services holds 0% of its portfolio in Callon Petroleum Company (NYSE:CPE) for 621 shares. The company has a net profit margin of 18.80% and is more profitable than the average Independent Oil & Gas player.

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