Seaport Global Securities also issued estimates for Halcon Resources Corporation's Q4 2017 earnings at $0.09 EPS. On average, equities research analysts predict that Halcon Resources Corporation will post $0.25 EPS for the current fiscal year. According to these analysts, the Low Revenue Estimate for Halcon Resources Corporation is 118.61 Million and the High Revenue Estimate is 142.8 Million.
Are Halcon Resources Corporation (NYSE:HK) Earnings Growing Rapidly? For the outlook of the current financial quarter, Analysts think the firm will post 0.87 earnings per share. Halcon Resources Corporation presently has a consensus rating of Hold and a consensus target price of $10.18.
4 analysts on average are expecting the company to report revenue of $152.29 Million for the current quarter.
A number of brokerages recently commented on HK.
At the end of March reporting period, 76 institutional holders increased their position in Halcon Resources Corporation (NYSE:HK) by some 36,851,294 shares, 39 decreased positions by 5,371,196 and 18 held positions by 74,907,501. Finally, ValuEngine upgraded Halcon Resources Corporation from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, May 23rd. Roth Capital set a $14.00 target price on shares of Halcon Resources Corporation and gave the company a "buy" rating in a research note on Saturday, June 3rd. Zacks Investment Research lowered Halcon Resources Corporation from a "buy" rating to a "hold" rating in a report on Wednesday, March 15th. The company was maintained on Monday, August 31 by TH Capital.
The good news is there's still room for Halcon Resources Corporation (HK) to grow.
ILLEGAL ACTIVITY NOTICE: This story was originally published by Transcript Daily and is the sole property of of Transcript Daily. The original version of this story can be accessed at https://transcriptdaily.com/2017/07/14/130-86-million-in-sales-expected-for-halcon-resources-corporation-nysehk-this-quarter.html. The stock was purchased at an average cost of $5.34 per share, for a total transaction of $106,800.00.More news: Evergreen Venus Williams keeps creating history, but ends Konta's dream Wimbledon run
While looking at the Stock's Performance, Halcon Resources Corporation now shows a Weekly Performance of 50.46%, where Monthly Performance is 7.72%, Quarterly performance is -13.11%, 6 Months performance is -31.52% and yearly performance percentage is -56.05%. The company has a market cap of $598.76 million, a PE ratio of 2.81 and a beta of 3.89. The stock's market capitalization is 616.10M, it has a 52-week low of 3.68 and a 52-week high of 16.23.
The stock grew about -34.54% in the past 5 years; this positive value indicates that the stock constantly performed well in the previous years as well.
They hope that the stock price will fall or that the company will fail and go bankrupt, leading the equity holders to ruin. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The firm earned "Neutral" rating on Wednesday, June 21 by Seaport Global. Volume on the day was 4 million shares.
Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. The disclosure for this sale can be found here. They now have a United States dollars 2 price target on the stock.
A number of large investors have recently added to or reduced their stakes in HK. Clinton Group Inc. bought a new position in shares of Halcon Resources Corporation during the first quarter valued at approximately $119,000. Point72 Asset Management L.P. bought a new position in shares of Halcon Resources Corporation during the first quarter valued at $17,949,000.
Halcon Resources Corporation shares increased 38.32 percent over the past week and rose 13.07 percent over the previous month. More specifically greed and fear in the market place are the two main factors that cause stock prices to change.
On the close of 07/13/2017 Altria Group, Inc. The mean rating score for this stock is at 1.70. Finally, UBS Asset Management Americas Inc. bought a new position in Halcon Resources Corporation during the fourth quarter valued at approximately $673,000.