Are Analysts Expecting A Better 2020 For Expand Energy Corp (EXE)?

Expand Energy Corp (EXE) concluded trading on Thursday at a closing price of $101.22, with 3.34 million shares of worth about $338.57 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.03% during that period and on Thursday the price saw a gain of about 1.68%. Currently the company’s common shares owned by public are about 231.10M shares, out of which, 206.97M shares are available for trading.

Stock saw a price change of 3.85% in past 5 days and over the past one month there was a price change of 3.45%. Year-to-date (YTD), EXE shares are showing a performance of 1.68% which increased to 31.67% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $69.12 but also hit the highest price of $101.46 during that period. The average intraday trading volume for Expand Energy Corp shares is 2.55 million. The stock is currently trading 3.95% above its 20-day simple moving average (SMA20), while that difference is up 7.17% for SMA50 and it goes to 18.07% higher than SMA200.

Expand Energy Corp (NASDAQ: EXE) currently have 231.10M outstanding shares and institutions hold larger chunk of about 61.03% of that.

The stock has a current market capitalization of $23.39B and its 3Y-monthly beta is at 0.51. PE ratio of stock for trailing 12 months is 62.40, while it has posted earnings per share of $1.62 in the same period. It has Quick Ratio of 2.00 while making debt-to-equity ratio of 0.20. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EXE, volatility over the week remained 2.18% while standing at 2.10% over the month.

Stock’s fiscal year EPS is expected to drop by -77.16% while it is estimated to increase by 307.14% in next year. EPS is likely to shrink at an annualized rate of -10.90% for next 5-years, compared to annual growth of -10.38% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on December 09, 2024 offering a Buy rating for the stock and assigned a target price of $123 to it. Coverage by BofA Securities stated Expand Energy Corp (EXE) stock as a Buy in their note to investors on October 28, 2024, suggesting a price target of $114 for the stock. On September 27, 2024, ROTH MKM Initiated their recommendations, while on July 18, 2024, Wolfe Research Resumed their ratings for the stock with a price target of $110. Stock get an Equal weight rating from Barclays on April 10, 2024.

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