PDCE stock has undergone multiple analysts rating changes in the recent past. PDC Energy stock Target Raised by Wells Fargo & Company on 10/14/2021. In a note to investors, the firm issued a new target price of $63.00. The analysts previously had $58.00 target price. Wells Fargo & Company’s price target would indicate a potential upside of 27.43% from the stock’s previous close.
Shares of PDC Energy traded up $0.74 on Wednesday, reaching $50.18. 64036 shares of the stock traded hands, compared to its average volume of 952054. On Wednesday, Shares of PDC Energy closed at $50.18. The firm’s 50 day moving average is $42.83 and its 200 day moving average is $37.80.PDC Energy has a 12 month low of $10.61 and a 12 month high of $51.81. While on yearly highs and lows, PDC Energy today has traded high as $50.96 and has touched $50.12 on the downward trend.
PDC Energy Earnings and What to expect:
PDC Energy last posted its earnings results on August 4th, 2021. The energy producer reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.47. The business earned $229 million during the quarter, compared to analysts’ expectations of $475.59 million. Its revenue was up 321.0% compared to the same quarter last year. PDC Energy has generated $2.03 earnings per share over the last year (($1.35) diluted earnings per share). Earnings for PDC Energy are expected to grow by 16.19% in the coming year, from $5.99 to $6.96 per share. PDC Energy has confirmed that its next quarterly earnings report will be published on Thursday, November 4th, 2021. PDC Energy will be holding an earnings conference call on Thursday, November 4th at 11:00 AM Eastern. Interested parties can .
Earnings for PDC Energy are expected to grow by 16.19% in the coming year, from $5.99 to $6.96 per share. The P/E ratio of PDC Energy is -36.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of PDC Energy is -36.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. PDC Energy has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
PDC Energy (NASDAQ:PDCE) Moving Average Technical Analysis
5 day Moving Average is $$48.99 And 5 day price change is $4.46 (9.92%) with average volume for 5 day average is 917,500. While technical analysis for average 20 days shows significant difference, 20 day moving average is $46.64 and 20 day price change is $4.96 (11.15%) and average 20 day moving volume is 1,075,535. 50 day moving average is $42.83 and 50 day price change is $9.32 ( 23.23%) and with average volume for 50 days is : 879,576. 200 day moving average is $37.80 and 200 day price change is $29.66 (149.95%) and with average volume for 200 days is : 958,745.
Other owners latest trading in PDCE :
- On 10/13/2021 shares held by Private Capital Group LLC were 546 which equates to market value of $26K and appx 0.00% owners of PDCE
- On 10/12/2021 shares held by Louisiana State Employees Retirement System were 47,500 which equates to market value of $2.25M and appx 0.10% owners of PDCE
- On 10/12/2021 shares held by Harbor Investment Advisory LLC were 2,670 which equates to market value of $0.13M and appx 0.00% owners of PDCE
- In total Institutional ownership equates to There is no enough data Institutional Ownership Percentage for PDCE
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