Seaport Global Securities now has a "Neutral" rating and a $4.00 price target on the stock. Seaport Global Securities also issued estimates for Halcon Resources Corporation's Q2 2018 earnings at ($0.02) EPS, Q3 2018 earnings at $0.05 EPS, Q4 2018 earnings at $0.05 EPS and FY2018 earnings at $0.08 EPS.
In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report.
Halcon Resources Corporation (HK) stock price away from 20 day simple moving average surged at 40.93% while its distance from 50 day simple moving average raised 11.79% along with -19.97% below away from two hundred simple moving averages. The stock has "Strong-Buy" rating by Vetr on Friday, August 28. Investors who are keeping close eye on the stock of Halcon Resources Corporation (NYSE:HK) established that the company was able to keep return on investment at 12.80 in the trailing twelve month while Reuters data showed that industry's average stands at 0.10 and sector's optimum level is 14.14. Finally, ValuEngine upgraded Halcon Resources Corporation from a buy rating to a strong-buy rating in a research note on Tuesday, May 23rd. The firm has "Buy" rating given on Tuesday, November 15 by Wunderlich.
Stock price volatility is an indicator that is most often used by options traders to find changes in trends in the market place.
Halcon Resources Corporation (HK) has the market capitalization of $993.77 Million. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & global trademark and copyright legislation.
In the past 5 years, the stock showed growth of -34.54% per annum.
The good news is there's still room for Halcon Resources Corporation (HK) to grow. Analysts reported that the Price Target for Halcon Resources Corporation might touch $14 high while the Average Price Target and Low price Target is $8.43 and $4 respectively.
The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. The firm has a market cap of $602.41 million, a price-to-earnings ratio of 2.83 and a beta of 3.89.
Halcon Resources Corporation (NYSE:HK) last posted its quarterly earnings results on Wednesday, May 3rd. Analysts expect next quarter's EPS will be $0.06 and the next full year EPS is projected to be $0.36.
Halcon Resources Corporation (HK) is expected to post revenue of $152.29 Million in the current quarter, according to consensus of 4 analysts. Halcon Resources Corporation had a positive return on equity of 725.38% and a negative net margin of 168.09%. The sales growth rate for a stock is a measure of how the stock's sales per share (SPS) has grown over a specific period of time. The stock was last seen 51.35% higher, reaching at $6.75 on July 11th. The shares were purchased at an average price of $5.34 per share, for a total transaction of $106,800.00. Following the completion of the transaction, the director now owns 23,757 shares of the company's stock, valued at approximately $126,862.38. The disclosure for this sale can be found here. Over the last three months, the shares of the company have changed -42.97% and performed -54.44% over the last six months. Institutional investors and hedge funds own 78.61% of the company's stock. UBS Oconnor LLC acquired a new stake in shares of Halcon Resources Corporation during the first quarter worth about $30,285,000. Point72 Asset Management L.P. bought a new position in shares of Halcon Resources Corporation during the first quarter valued at $17,949,000. Similar statistics are true for the second largest owner, Ares Management Llc, which owns 18,008,951 shares of the stock are valued at $80.32 million. Paloma Partners Management Co increased its position in Halcon Resources Corporation by 3,565.1% in the first quarter. The shares price has directed -54.62% toward a lower level throughout previous year and swapped 31.91% toward a strong spot during past one month. Investors measure stock performance on the basis of a company's earnings power.
Halcon Resources Corporation is an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States.