Publicly-traded company Contango Oil & Gas Company (NYSE:MCF) had a closing price of $2.75 yesterday. Meanwhile, the average 12-month price target from Wall Street analysts is currently $1.98, this means that the stock is overpriced by -38.89%. In the past 52 weeks the company’s stock price has moved within the range of $0.85 to $5.22.
This particular stock’s 5-day moving average is 2.55, its 20-day moving average is 2.41 and its 100-day moving average is 1.71. Contango Oil & Gas Company (MCF) currently has 87.62M shares outstanding, which means that its market capitalization is $240.96M.
The Details: Contango Oil & Gas Company (MCF) Financial Health
Return on Assets is a number, expressed as a percentage that tells us how well a publicly-traded company is using its current assets to generate revenue. The higher the percentage, the better a company is using its assets to turn a profit. At the moment, Contango Oil & Gas Company Return on Assets is -48.50%.
What Does Wall Street Say about Company?
When choosing stocks, many investors search for what Wall Street professionals think about the company first – like what the average rating is. At the moment, the average analyst rating for MCF is Hold. Out of 3 total analysts who were surveyed, 0 rated it a sell, 0 rated it a underweight, 0 rated it an overweight, 3 rated it hold, and 0 rated it a Buy.
Understanding Profitability at Contango Oil & Gas Company (MCF)
Taking a look at a public company’s Earnings per Share (EPS) is a good way of evaluating its profitability. In the most recent financial results released by Contango Oil & Gas Company, for the quarter ending on 09/2019, the company posted EPS of -0.13. The average estimate of Wall Street analysts had projected -0.13.
Wall Street analysts, on average, are forecasting the company’s EPS to be -0.13, compared to -3.26 reported in the same quarter last year. When it comes to net revenue, the average estimate from a total of 3 analysts is 12.9M.