Market News

Earthstone Energy, Inc. (ESTE) EPS Estimated At $0.13; Ascendia Brands (ASB)’s Sentiment Is 1.34

Associated Banc-Corp (NYSE:ASB) Logo

Analysts expect Earthstone Energy, Inc. (NYSE:ESTE) to report $0.13 EPS on May, 14.They anticipate $0.19 EPS change or 316.67% from last quarter’s $-0.06 EPS. ESTE’s profit would be $8.28M giving it 19.81 P/E if the $0.13 EPS is correct. After having $0.39 EPS previously, Earthstone Energy, Inc.’s analysts see -66.67% EPS growth. The stock increased 0.49% or $0.05 during the last trading session, reaching $10.3. About 130,145 shares traded. Earthstone Energy, Inc. (NYSE:ESTE) has declined 20.66% since April 22, 2017 and is downtrending. It has underperformed by 32.21% the S&P500.

Ascendia Brands Inc (ASB) investors sentiment increased to 1.34 in Q4 2017. It’s up 0.22, from 1.12 in 2017Q3. The ratio is better, as 111 investment managers opened new or increased stock positions, while 83 decreased and sold their stakes in Ascendia Brands Inc. The investment managers in our database now hold: 117.28 million shares, up from 114.59 million shares in 2017Q3. Also, the number of investment managers holding Ascendia Brands Inc in top ten stock positions increased from 1 to 2 for an increase of 1. Sold All: 20 Reduced: 63 Increased: 75 New Position: 36.

Among 4 analysts covering Earthstone Energy (NYSE:ESTE), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Earthstone Energy had 5 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, November 18 by Canaccord Genuity.

Earthstone Energy, Inc., an oil and natural gas development and production company, operates in the up-stream segment of the oil and natural gas industry in the United States. The company has market cap of $655.98 million. The Company’s asset portfolio includes the Midland Basin of west Texas, the Eagle Ford trend of south Texas, and in the Williston Basin of North Dakota. It currently has negative earnings. As of December 31, 2016, the firm operated 70 gross Eagle Ford wells; and 9 gross Austin Chalk wells, as well as had 12,051 thousand barrels of oil equivalent of total proved reserves, 9,361 MBOE of proved developed reserves, and 2,690 MBOE of proved undeveloped reserves.

Ratings analysis reveals 0 of Assoc Banc-Corp’s analysts are positive. Out of 5 Wall Street analysts rating Assoc Banc-Corp, 0 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. ASB was included in 5 notes of analysts from November 28, 2016. The firm has “Hold” rating by Jefferies given on Monday, November 28. On Thursday, December 15 the stock rating was upgraded by Bank of America to “Neutral”. SunTrust initiated the shares of ASB in report on Wednesday, December 21 with “Hold” rating. The company was initiated on Thursday, February 2 by JMP Securities. The stock has “Neutral” rating by Piper Jaffray on Thursday, January 12.

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses primarily in Wisconsin, Illinois, and Minnesota. The company has market cap of $4.52 billion. The Company’s Corporate and Commercial Specialty segment offers deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; and lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications. It has a 18.66 P/E ratio. This segment also provides specialized financial services that comprise interest rate risk management, foreign exchange solutions, and commodity hedging services.

Associated Banc holds 3.6% of its portfolio in Associated Banc-Corp for 2.63 million shares. Cramer Rosenthal Mcglynn Llc owns 3.75 million shares or 1.53% of their US portfolio. Moreover, Maltese Capital Management Llc has 1.42% invested in the company for 745,038 shares. The New York-based Dalton Greiner Hartman Maher & Co has invested 1.12% in the stock. Thompson Investment Management Inc., a Wisconsin-based fund reported 230,820 shares.

The stock increased 7.94% or $1.95 during the last trading session, reaching $26.5. About 4.75 million shares traded or 189.34% up from the average. Associated Banc-Corp (ASB) has risen 5.34% since April 22, 2017 and is uptrending. It has underperformed by 6.21% the S&P500.

Associated Banc-Corp (NYSE:ASB) Ratings Chart

Leave a Reply

Your email address will not be published. Required fields are marked *