Carrizo Oil & Gas (NASDAQ:CRZO) had its target price hosited by Sterne Agee from $50.00 to $57.00 in a report released on Thursday morning, Stock Ratings Network.com reports. They currently have a buy rating on the stock.
In other Carrizo Oil & Gas news, CEO S P. Iv Johnson unloaded 6,000 shares of Carrizo Oil & Gas stock on the open market in a transaction dated Friday, November 1st. The shares were sold at an average price of $42.22, for a total transaction of $253,320.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks downgraded shares of Carrizo Oil & Gas from an outperform rating to a neutral rating in a research note to investors on Monday, October 21st. They now have a $48.40 price target on the stock. Separately, analysts at Robert W. Baird initiated coverage on shares of Carrizo Oil & Gas in a research note to investors on Wednesday, October 16th. They set an outperform rating and a $50.00 price target on the stock. Finally, analysts at Miller Tabak initiated coverage on shares of Carrizo Oil & Gas in a research note to investors on Monday, September 23rd. They set a buy rating and a $46.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of $38.99.
Shares of Carrizo Oil & Gas (NASDAQ:CRZO) remained flat at $43.45 during trading on Thursday. The stock had a trading volume of 974,023 shares. Carrizo Oil & Gas has a 52 week low of $19.47 and a 52 week high of $47.87. The stock’s 50-day moving average is $42.00 and its 200-day moving average is $33.11. The company has a market cap of $1.778 billion and a P/E ratio of 20.35.
Carrizo Oil & Gas (NASDAQ:CRZO) last announced its earnings results on Monday, November 4th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.70 by $0.02. The company had revenue of $144.32 million for the quarter, compared to the consensus estimate of $146.50 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was up 56.5% on a year-over-year basis. Analysts expect that Carrizo Oil & Gas will post $2.52 EPS for the current fiscal year.
Carrizo Oil & Gas, Inc (NASDAQ:CRZO) is an independent energy company.
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