Stock To Watch: Carrizo Oil & Gas, Inc. (NASDAQ:CRZO)


The leading market experts have placed a mean price target of $42.78 on Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.17 a share for the upcoming quarter and $0.65 for the current fiscal. Technical View The technical analysis of Carrizo Oil & Gas, Inc. plainly substantiates that the 50-day moving average of Carrizo Oil & Gas, Inc. is $37.96, and stock is hovering -2.47 or -6.50% distant from $37.96. It is noted that the 200-day MA is $30.78, and Carrizo Oil & Gas, Inc. stock is $4.71 or +15.31% off from this point. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) 52-week high is $44.74 and the 52-week low is $16.10. This explains if the stock moves $-9.25, it will post a 52-week high. In event of $+120.43% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Carrizo Oil & Gas, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) ratio came in at N/A. The stock last ended the trading session at $35.49 and registered a market cap of $2.09B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) PEG ratio is at 1.87.

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