As on July 09, 2020, Parsley Energy Inc. (NYSE: PE) started slowly as it slid -5.56% to $10.03. During the day, the stock rose to $10.82 and sunk to $9.98 before settling in for the price of $10.62 at the close. Taking a more long-term approach, PE posted a 52-week range of $3.92-$20.80.
The Energy Sector giants’ yearly sales growth during the last 5-year period was 45.30%. Meanwhile, its Annual Earning per share during the time was 20.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -53.80%. This publicly-traded company’s shares outstanding now amounts to $366.06 million, simultaneously with a float of $299.01 million. The organization now has a market capitalization sitting at $4.02 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.19, while the 200-day Moving Average is $13.13.
Let’s gauge the efficiency of the firm, which has a total of 496 employees. It has generated 3,949,222 per worker during the last fiscal year. Meanwhile, its income per employee was 353,250. The stock had 9.41 Receivables turnover and 0.20 Total Asset turnover. For the Profitability, stocks gross margin was +36.71, operating margin was +28.47 and Pretax Margin of +13.88.
Parsley Energy Inc. (PE) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas E&P industry. Parsley Energy Inc.’s current insider ownership accounts for 3.10%, in contrast to 77.10% institutional ownership. According to the most recent insider trade that took place on Mar 06, this organization’s Director bought 1,800 shares at the rate of 11.15, making the entire transaction reach 20,070 in total value, affecting insider ownership by 31,039. Preceding that transaction, on Mar 06, Company’s Director bought 1,618 for 11.32, making the whole transaction’s value amount to 18,316. This particular insider is now the holder of 35,000 in total.
Parsley Energy Inc. (PE) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2020, the company posted $0.29 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.24) by $0.05. This company achieved a net margin of +8.94 while generating a return on equity of 3.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
Parsley Energy Inc.’s EPS decrease for this current 12-month fiscal period is -53.80% and is forecasted to reach 0.22 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 19.16% through the next 5 years, which can be compared against the 20.00% growth it accomplished over the previous five years trading on the market.
Parsley Energy Inc. (NYSE: PE) Trading Performance Indicators
Let’s observe the current performance indicators for Parsley Energy Inc. (PE). It’s Quick Ratio in the last reported quarter now stands at 0.80. The Stock has managed to achieve an average true range (ATR) of 0.71. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.92. Similarly, its price to free cash flow for trailing twelve months is now 2.78.
In the same vein, PE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -8.49, a figure that is expected to reach -0.15 in the next quarter, and analysts are predicting that it will be 0.22 at the market close of one year from today.
Technical Analysis of Parsley Energy Inc. (PE)
Through scrutinizing the latest numbers posted by the [Parsley Energy Inc., PE], it can be observed that its last 5-days Average volume of 8.53 million was lower the volume of 10.55 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 23.33% While, its Average True Range was 0.63.
Raw Stochastic average of Parsley Energy Inc. (PE) in the period of the previous 100 days is set at 65.07%, which indicates a major rise in contrast to 3.16% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 53.25% that was lower than 144.03% volatility it exhibited in the past 100-days period.