ArcelorMittal, (NYSE:MT), Office Depot, (NASDAQ:ODP), Callon Petroleum Company, (NYSE:CPE)

One research analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. Zacks Investment Research cut Callon Petroleum from a buy rating to a hold rating in a report on Monday, July 11th.

In addition to Royal Bank Of Canada reporting it’s stock price target, a total of 20 firms have reported on CPE.

EPS growth in next year is estimated to reach 67.82% while EPS growth estimate for this year is set at -680.80%.

In trading on Tuesday, shares of Callon Petroleum Co.’s 10.0% Series A Cumulative Preferred Stock (Symbol: CPE.PRA) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $5.00), with shares changing hands as low as $51.87 on the day.

One Month Ago Analyst Ratings: The Company has received mean Analyst rating of 1.73 from polled analysts at Reuters One Month Ago.

United States of America based company, Callon Petroleum Company’s (CPE)’s latest closing price distance was at 53.37% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 17.99% and 4.09% compared with the 20 Day Moving Average. For the next twelve months, the average of individual price target estimates submitted by covering sell-side analysts is $16.77. The average analysts gave this company a mean recommendation of 2.90.

On the company’s financial health, Callon Petroleum Company reported $-0.61 EPS for the quarter, missing the analyst consensus estimate by $ -0.65 based on the information available during the earnings call on Aug 8, 2016. The average daily volume of the stock is 2,788,429 shares.

Caymus Capital Partners added new position in Callon Petroleum Company during the most recent quarter end. Teachers Advisors Inc. now owns 1,539,780 shares of the company’s stock worth $13,627,000 after buying an additional 197,700 shares in the last quarter.

The stock’s 50 day moving average is 13.28 and its 200 day moving average is 10.86. Callon Petroleum has a 12-month low of $4.21 and a 12-month high of $15.91. Callon Petroleum had a positive return on equity of 3.77% and a negative net margin of 233.91%. The firm earned $45.14 million during the quarter, compared to analysts’ expectations of $47.75 million.

Receive Callon Petroleum Company News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Callon Petroleum Company with MarketBeat.com’s FREE daily email newsletter. FMR LLC now owns 6,460,630 shares of the company’s stock worth $72,553,000 after buying an additional 1,209,080 shares during the last quarter.

CALLON PETROLEUM COMPANY (CPE) received consensus recommendation of “Outperform” from Analysts polled at Thomson Reuters. Proceeds will likely fund the pending Plymouth Acquisition, and if it is not fulfilled they will support exploration and development activities and general corporate purposes. During the same quarter previous year, the business earned ($0.11) EPS. It focuses on unconventional, onshore, oil and natural gas reserves in the Permian Basin in West Texas and the Midland Basin.