As of May, 2 Laredo Petroleum, Inc. (LPI) Analysts See $0.24 EPS

April 20, 2018 - By Arturo Altman

Laredo Petroleum, Inc. (NYSE:LPI) Corporate Logo
During Q4 2017 the big money sentiment increased to 1.39. That’s change of 0.19, from 2017Q3’s 1.2. 17 investors sold all, 40 reduced holdings as Laredo Petroleum, Inc. ratio improved. 50 grew positions while 29 funds bought positions. Funds hold 251.28 million shares thus 1.13% less from 2017Q3’s 254.15 million shares.
Koch Indus Inc holds 57,030 shs. Magnetar Financial Limited Liability Company has invested 0.01% of its capital in Laredo Petroleum, Inc. (NYSE:LPI). Dimensional Fund Advisors L P holds 0.02% or 3.81M shs in its capital. Gsa Cap Prns Limited Liability Partnership reported 28,980 shs. Jpmorgan Chase Commerce invested in 132,931 shs. Moreover, Rothschild Asset Mgmt has 0.28% invested in Laredo Petroleum, Inc. (NYSE:LPI). Manufacturers Life Insurance Communication The has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). Pnc Financial Service has 0% invested in Laredo Petroleum, Inc. (NYSE:LPI). State Of Alaska Department Of Revenue holds 0% of its capital in Laredo Petroleum, Inc. (NYSE:LPI) for 11,600 shs. 200 were accumulated by Reilly Advisors Limited Liability Corp. Hamilton Lane Advsrs Llc invested in 70,665 shs or 0.39% of the stock. Qs Ltd Liability Corp accumulated 13,300 shs. Metropolitan Life Ins Comm has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). Financial Bank Of Montreal Can holds 0% or 359,950 shs in its capital. Ngam Advsr Limited Partnership holds 0.03% in Laredo Petroleum, Inc. (NYSE:LPI) or 316,892 shs.

On May, 2 Laredo Petroleum, Inc. (NYSE:LPI)’s earnings report is expected by WallStreet, according to Zacks. Analysts forecast $0.24 EPS. That’s $0.14 up or 140.00 % from 2017’s earnings of $0.1. If $0.24 is reported, LPI’s profit will reach $57.11M for 10.68 P/E. 26.32 % EPS growth is what analysts predict. $0.19 EPS was announced for last [previous quarter]. Ticker’s shares touched $10.25 during the last trading session after 2.19% change.Laredo Petroleum, Inc. has 3.69 million shares volume, 4.11% up from normal. LPI is downtrending and has moved 35.20% since April 20, 2017. The stock underperformed the S&P 500 by 46.75%.

Laredo Petroleum, Inc. (NYSE:LPI) Ratings Coverage

Total analysts of 12 have positions in Laredo Petroleum (NYSE:LPI) as follows: 4 rated it a “Buy”, 3 with “Sell” and 5 with “Hold”. The positive are 33%. The firm has $16.0 highest while $10.0 is the lowest [Target]. The average target $12.27 is 19.71% above the last ($10.25) price. Since November 2, 2017 according to StockzIntelligence Inc Laredo Petroleum has 18 analyst reports. On Thursday, March 8 Bank of America maintained Laredo Petroleum, Inc. (NYSE:LPI) with “Underperform” rating. On Monday, January 29 the stock has “Buy” rating by Stifel Nicolaus. On Thursday, January 25 the stock has “Hold” rating by Williams Capital Group. In Friday, December 15 report J.P. Morgan downgraded it to “Sell” rating and $13.0 target. The stock rating was maintained by BMO Capital Markets with “Hold” on Thursday, January 11. The stock rating was maintained by Williams Capital Group with “Hold” on Thursday, February 15. On Thursday, November 2 the stock of Laredo Petroleum, Inc. (NYSE:LPI) has “Market Perform” rating given by BMO Capital Markets. On Tuesday, December 19 the rating was reinitiated by Robert W. Baird with “Outperform”. On Monday, November 20 Piper Jaffray maintained Laredo Petroleum, Inc. (NYSE:LPI) rating. Piper Jaffray has “Buy” rating and $15.0 target. The company rating was maintained by Piper Jaffray on Tuesday, January 9.

Laredo Petroleum, Inc. operates as an independent energy firm in the United States.The firm is valued at $2.44 billion. It operates through two divisions, Exploration and Production of Oil and Natural Gas Properties; and Midstream and Marketing.The P/E ratio is 4.48. It focuses on the acquisition, exploration, and development of oil and natural gas properties; and the transportation of oil and natural gas primarily in the Permian Basin in West Texas, as well as rig fuel, natural gas lift, and water delivery and takeaway services.

Laredo Petroleum, Inc. (NYSE:LPI) Institutional Investors Chart

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