The leading market experts have placed a mean price target of $44.46 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 $0.37 a share for the upcoming quarter and $1.08 for the current fiscal.
The technical analysis of Carrizo Oil & Gas, Inc. plainly substantiates that the 50-day moving average of Carrizo Oil & Gas, Inc. is $35.05, and stock is trading $2.10 points away or +5.99% from its 50-day moving average of $35.05. Further it is trading $4.39 or +13.39% away its 200-day moving average of $32.76. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) 52-week high is $43.97 and the 52-week low is $16.10.
This explains if the stock moves $-6.82, it will post a 52-week high. In event of +130.75% 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 $37.15 and registered a market cap of $2.19B. 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 0.86.
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