$0.13 EPS Expected for Parsley Energy Inc (PE)

October 13, 2017 - By Dolores Ford

 $0.13 EPS Expected for Parsley Energy Inc (PE)
Investors sentiment decreased to 1.4 in Q2 2017. Its down 0.49, from 1.89 in 2017Q1. It is negative, as 36 investors sold Parsley Energy Inc shares while 92 reduced holdings. 58 funds opened positions while 121 raised stakes. 238.40 million shares or 10.76% more from 215.25 million shares in 2017Q1 were reported.
Legal And General Grp Public Limited reported 272,105 shares. Moreover, Winch Advisory Services Limited Co has 0.05% invested in Parsley Energy Inc (NYSE:PE). Asset Mngmt Incorporated has invested 0.01% in Parsley Energy Inc (NYSE:PE). Winfield Assoc has 0% invested in Parsley Energy Inc (NYSE:PE). Swarthmore holds 0.93% or 145,775 shares. Carlson Capital Lp accumulated 2.01M shares or 0.8% of the stock. Bbt Mgmt Limited invested in 0.25% or 69,000 shares. Viking Fund Mgmt Ltd Liability holds 3.32% or 780,000 shares. Nicholas Invest Prtnrs Limited Partnership holds 101,620 shares. 50,000 are held by Pax Limited Liability Corp. Moreover, Jane Street Group has 0% invested in Parsley Energy Inc (NYSE:PE). Boothbay Fund Mgmt Ltd Llc reported 0.09% of its portfolio in Parsley Energy Inc (NYSE:PE). Pictet Asset Management stated it has 0.01% of its portfolio in Parsley Energy Inc (NYSE:PE). Group One Trading Lp holds 0.01% of its portfolio in Parsley Energy Inc (NYSE:PE) for 20,191 shares. Comerica Bancshares stated it has 0% in Parsley Energy Inc (NYSE:PE).

Since May 1, 2017, it had 1 buying transaction, and 4 selling transactions for $54.09 million activity. ALAMEDDINE A R bought $110,760 worth of Parsley Energy Inc (NYSE:PE) on Wednesday, May 17. $53.03M worth of Parsley Energy Inc (NYSE:PE) was sold by Sheffield Bryan on Wednesday, May 10. On Thursday, June 1 the insider Roberts Colin sold $102,000.

Analysts expect Parsley Energy Inc (NYSE:PE) to report $0.13 EPS on November, 1.They anticipate $0.10 EPS change or 333.33 % from last quarter’s $0.03 EPS. PE’s profit would be $40.86M giving it 50.79 P/E if the $0.13 EPS is correct. After having $0.05 EPS previously, Parsley Energy Inc’s analysts see 160.00 % EPS growth. About 1.66M shares traded. Parsley Energy Inc (NYSE:PE) has risen 26.09% since October 13, 2016 and is uptrending. It has outperformed by 9.39% the S&P500.

Parsley Energy Inc (NYSE:PE) Ratings Coverage

Among 35 analysts covering Parsley Energy Inc (NYSE:PE), 31 have Buy rating, 0 Sell and 4 Hold. Therefore 89% are positive. Parsley Energy Inc had 96 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital initiated Parsley Energy Inc (NYSE:PE) rating on Tuesday, June 21. Barclays Capital has “Overweight” rating and $30 target. The stock of Parsley Energy Inc (NYSE:PE) has “Overweight” rating given on Tuesday, August 30 by Morgan Stanley. The stock of Parsley Energy Inc (NYSE:PE) has “Buy” rating given on Monday, August 21 by Northland Capital. Williams Capital Group initiated it with “Hold” rating and $37 target in Monday, August 29 report. The stock has “Outperform” rating by FBR Capital on Tuesday, September 13. The firm earned “Buy” rating on Thursday, August 4 by UBS. On Tuesday, December 1 the stock rating was initiated by Bank of America with “Buy”. Stifel Nicolaus maintained the shares of PE in report on Thursday, October 5 with “Buy” rating. The stock has “Buy” rating by BMO Capital Markets on Tuesday, September 5. Iberia Capital Partners initiated the stock with “Outperform” rating in Friday, October 9 report.

Parsley Energy, Inc. is a holding company. The company has market cap of $8.30 billion. The Firm is an independent oil and natural gas company. It has a 238.72 P/E ratio. The Firm focuses on the acquisition, development and exploitation of unconventional oil and natural gas reserves in the Permian Basin.

Another recent and important Parsley Energy Inc (NYSE:PE) news was published by Prnewswire.com which published an article titled: “Parsley Energy, LLC Announces Pricing of Upsized $700 Million Private Offering …” on October 05, 2017.

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