News Roundup: Cimarex Energy Co (NYSE:XEC) and 180 Degree Capital Corp. (NASDAQ:TURN)

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Cimarex Energy Co (NYSE:XEC)

Cimarex Energy is an independent oil and gas exploration and production company focused on increasing shareholder value through strategies linked to generating attractive economic returns on capital employed and profitable growth in per-share reserves, production, and cash flow. They intend to profitably grow reserves and production through a balanced mix of exploration, exploitation and acquisitions. They have a diversified base of high-quality production along with attractive drilling opportunities.

Cimarex Energy Co (NYSE:XEC)’s Financial Overview

Cimarex Energy Co (NYSE) declined -1.31% yesterday to close its trading session at $70.62. The company has 1 year Price Target of $100.04. Cimarex Energy Co has 52-Week high of $103.91 and 52-Week Low of $55.62. The stock touched its 52-Week High on 106.44 and 52-Week Low on 55.62. The stock traded with the volume of 1.59 Million shares yesterday. The firm shows the market capitalization of $6.85 Billion.

Cimarex Energy Co (NYSE) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $1.99/share against the analyst consensus estimate of $1.55/share. The difference between the actual and expected EPS is $0.44 a share with a surprise factor of 28.4%.

The firm is trading with SMA20 of -4.51 Percent, SMA50 of -1.3 Percent and SMA200 of -18.76 percent. Cimarex Energy Co has P/S value of 3.02 while its P/B value stands at 2.19. Similarly, the company has Return on Assets of 12.1 percent, Return on Equity of 23.2 percent and Return on Investment of 11.7 Percent. The company shows Gross Margin and Operating Margin of 76 percent and 39.3 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 27 analysts offering 12-month price forecasts for Cimarex Energy Co have a median target of 91.00, with a high estimate of 174.00 and a low estimate of 70.00. The median estimate represents a +28.86% increase from the last price of 70.62.

Cimarex Energy Co is expected* to report earnings on 02/20/2019 after market close. The report will be for the fiscal Quarter ending Dec 2018. According to Zacks Investment Research, based on 17 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.75. The reported EPS for the same quarter last year was $1.47.

180 Degree Capital Corp. (NASDAQ:TURN)

180 Degree Capital Corp. is an internally managed investment company. Its investment objective is to achieve long-term capital appreciation by making venture capital investments. 180 Degree Capital Corp., formerly known as Harris & Harris Group Inc., is based in New York, United States.

180 Degree Capital Corp. (NASDAQ:TURN)’s Financial Outlook

The 1 analysts offering 12-month price forecasts for 180 Degree Capital Corp have a median target of 4.00, with a high estimate of 4.00 and a low estimate of 4.00. The median estimate represents a +105.63% increase from the last price of 1.95.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

The Stock surged 0.79% and closed its last trading session at $1.95. The company has the market capitalization of $60.11 Million. The stock has 52-week high of $2.5 and 52-Week low of $1.68. The firm touched its 52-Week high on 2.50 and 52-Week low on 1.68. The company has volume of 80488 shares. The company has a total of 30.9 Million shares outstanding.

The company has YTD performance of 11.15 percent. Beta for 180 Degree Capital Corp. stands at 0.69 while its ATR (average true range) is 0.06. The company has Weekly Volatility of 3.17%% and Monthly Volatility of 2.77%%.

180 Degree Capital Corp. has distance from 20-day Simple Moving Average (SMA20) of -1.42%, Distance from 50-Day Simple Moving Average of 1.64 percent and Distance from 200-Day Simple Moving Average of -8.07%.

The Company currently has ROA (Return on Assets) of 17.5 percent, Return on Equity (ROE) of 18.1 Percent and Return on Investment (ROI) of -4.5% with Gross margin of 0 percent and Operating & Profit margin of 0% and 0% respectively.

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