Analysts See $0.18 EPS for Laredo Petroleum, Inc. (LPI)

February 16, 2018 - By reb123z

 Analysts See $0.18 EPS for Laredo Petroleum, Inc. (LPI)
Investors sentiment increased to 1.2 in Q3 2017. Its up 0.26, from 0.94 in 2017Q2. It is positive, as 23 investors sold Laredo Petroleum, Inc. shares while 41 reduced holdings. 20 funds opened positions while 57 raised stakes. 254.15 million shares or 0.31% more from 253.36 million shares in 2017Q2 were reported.
Cubist Systematic Strategies Ltd Liability Co has 27,849 shares for 0.02% of their portfolio. State Of Wisconsin Investment Board holds 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI) for 33,008 shares. Axa invested in 0.01% or 118,374 shares. Bluecrest Management stated it has 16,511 shares or 0.01% of all its holdings. Moreover, Us Bancorporation De has 0% invested in Laredo Petroleum, Inc. (NYSE:LPI) for 200 shares. 2.58 million were accumulated by Jennison Limited Com. Evanson Asset Mngmt Ltd Liability Com has invested 0.03% in Laredo Petroleum, Inc. (NYSE:LPI). State Board Of Administration Of Florida Retirement reported 277,900 shares stake. Van Eck Associate Corp reported 4.05 million shares. Connor Clark Lunn Management Ltd invested in 718,979 shares or 0.06% of the stock. Principal Gru stated it has 23,929 shares or 0% of all its holdings. Swiss Bank, Switzerland-based fund reported 264,500 shares. Illinois-based Magnetar Finance Limited Liability has invested 0.02% in Laredo Petroleum, Inc. (NYSE:LPI). Parallax Volatility Advisers L P invested 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI). Bnp Paribas Arbitrage Sa holds 0% or 27,485 shares in its portfolio.

Analysts expect Laredo Petroleum, Inc. (NYSE:LPI) to report $0.18 EPS on February, 21.They anticipate $0.02 EPS change or 12.50 % from last quarter’s $0.16 EPS. LPI’s profit would be $43.09M giving it 11.57 P/E if the $0.18 EPS is correct. After having $0.13 EPS previously, Laredo Petroleum, Inc.’s analysts see 38.46 % EPS growth. The stock increased 5.04% or $0.4 during the last trading session, reaching $8.33. About 8.05M shares traded or 162.93% up from the average. Laredo Petroleum, Inc. (NYSE:LPI) has risen 17.65% since February 16, 2017 and is uptrending. It has outperformed by 0.95% the S&P500.

Laredo Petroleum, Inc. (NYSE:LPI) Ratings Coverage

Among 34 analysts covering Laredo Petroleum Holdings Inc (NYSE:LPI), 14 have Buy rating, 3 Sell and 17 Hold. Therefore 41% are positive. Laredo Petroleum Holdings Inc had 98 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, August 6 by Topeka Capital Markets. Imperial Capital initiated Laredo Petroleum, Inc. (NYSE:LPI) rating on Thursday, May 26. Imperial Capital has “In-Line” rating and $12.50 target. The rating was upgraded by Suntrust Robinson to “Buy” on Friday, January 20. Stephens downgraded Laredo Petroleum, Inc. (NYSE:LPI) on Thursday, February 18 to “Equal-Weight” rating. The firm has “Sector Perform” rating given on Friday, August 14 by Howard Weil. Piper Jaffray maintained Laredo Petroleum, Inc. (NYSE:LPI) on Monday, November 20 with “Buy” rating. The firm earned “Neutral” rating on Wednesday, June 21 by Seaport Global. On Wednesday, September 6 the stock rating was maintained by Piper Jaffray with “Buy”. Raymond James upgraded Laredo Petroleum, Inc. (NYSE:LPI) on Monday, August 10 to “Market Perform” rating. The firm has “Hold” rating by BMO Capital Markets given on Friday, August 11.

Laredo Petroleum, Inc. operates as an independent energy firm in the United States. The company has market cap of $1.99 billion. It operates through two divisions, Exploration and Production of Oil and Natural Gas Properties; and Midstream and Marketing. It has a 17 P/E ratio. It focuses on the acquisition, exploration, and development of oil and natural gas properties; and the transportation of oil and natural gas primarily in the Permian Basin in West Texas, as well as rig fuel, natural gas lift, and water delivery and takeaway services.

More important recent Laredo Petroleum, Inc. (NYSE:LPI) news were published by: Fool.com which released: “Here’s Why Laredo Petroleum Inc’s Stock Is Sinking Today” on January 25, 2018, also Globenewswire.com published article titled: “Laredo Petroleum Announces 2017 Fourth-Quarter and Full-Year Financial and …”, Globenewswire.com published: “Laredo Petroleum Announces $200 Million Share Repurchase Program” on February 14, 2018. More interesting news about Laredo Petroleum, Inc. (NYSE:LPI) was released by: Globenewswire.com and their article: “Laredo Petroleum Announces Management Transition” with publication date: February 05, 2018.

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