WPX Energy Inc. [NYSE: WPX] stock went on a downward path that fall over -5.30% on Wednesday, amounting to a one-week price increase of more than 12.25%. Over the last 12 months, WPX stock dropped by -33.79%. The one-year WPX Energy Inc. stock forecast points to a potential upside of 12.11. The average equity rating for WPX stock is currently 1.80, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $3.62 billion, with 458.00 million shares outstanding and 493.54 million shares in the current float. Compared to the average trading volume of 15.10M shares, WPX stock reached a trading volume of 9002020 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on WPX Energy Inc. [WPX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WPX shares is $8.34 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WPX stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for WPX Energy Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 28, 2020. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on March 19, 2020, representing the official price target for WPX Energy Inc. stock.
The Average True Range (ATR) for WPX Energy Inc. is set at 0.54, with the Price to Sales ratio for WPX stock in the period of the last 12 months amounting to 1.09. The Price to Book ratio for the last quarter was 0.66, with the Price to Cash per share for the same quarter was set at 0.12. Price to Free Cash Flow for WPX in the course of the last twelve months was 2.19 with Quick ratio for the last quarter at 1.60.
WPX Stock Performance Analysis:
WPX Energy Inc. [WPX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.25. With this latest performance, WPX shares gained by 24.87% in over the last four-week period, additionally sinking by -30.78% over the last 6 months – not to mention a drop of -33.79% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WPX stock in for the last two-week period is set at 61.13, with the RSI for the last a single of trading hit 59.58, and the three-weeks RSI is set at 59.01 for WPX Energy Inc. [WPX]. The present Moving Average for the last 50 days of trading for this stock 5.33, while it was recorded at 7.65 for the last single week of trading, and 9.01 for the last 200 days.
Insight into WPX Energy Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and WPX Energy Inc. [WPX] shares currently have an operating margin of +13.01 and a Gross Margin at +28.71. WPX Energy Inc.’s Net Margin is presently recorded at +10.55.
Return on Total Capital for WPX is now 4.68, given the latest momentum, and Return on Invested Capital for the company is 3.82. Return on Equity for this stock inclined to 5.85, with Return on Assets sitting at 2.88. When it comes to the capital structure of this company, WPX Energy Inc. [WPX] has a Total Debt to Total Equity ratio set at 50.45. Additionally, WPX Total Debt to Total Capital is recorded at 33.53, with Total Debt to Total Assets ending up at 25.14. Long-Term Debt to Equity for the company is recorded at 49.13, with the Long-Term Debt to Total Capital now at 32.65.
Reflecting on the efficiency of the workforce at the company, WPX Energy Inc. [WPX] managed to generate an average of $437,288 per employee. Receivables Turnover for the company is 5.72 with a Total Asset Turnover recorded at a value of 0.27.WPX Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.70.
WPX Stock EPS
With the latest financial reports released by the company, WPX Energy Inc. posted 0.09/share EPS, while the average EPS was predicted by analysts to be reported at 0.08/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 12.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WPX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for WPX Energy Inc. go to 9.84%.
WPX Energy Inc. [WPX] Insider Position Details
There are presently around $4,364 million, in the hands of institutional investors. The top three institutional holders of WPX stocks are: ENCAP ENERGY CAPITAL FUND X, L.P. with ownership of 152,963,671, which is approximately New of the company’s market cap and around 0.90% of the total institutional ownership; VANGUARD GROUP INC, holding 40,159,800 shares of the stock with an approximate value of $310.84 million in WPX stocks shares; and BLACKROCK INC., currently with $280.13 million in WPX stock with ownership of nearly -3.197% of the company’s market capitalization.
Positions in WPX Energy Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 193 institutional holders increased their position in WPX Energy Inc. [NYSE:WPX] by around 229,150,038 shares. Additionally, 214 investors decreased positions by around 88,545,751 shares, while 65 investors held positions by with 246,147,817 shares. The mentioned changes placed institutional holdings at 563,843,606 shares, according to the latest SEC report filing. WPX stock had 66 new institutional investments in for a total of 161,044,024 shares, while 86 institutional investors sold positions of 22,163,882 shares during the same period.