Evolution Petroleum Corporation (EPM) Stock Forecast & Predictions

Evolution Petroleum Corporation EPM: $5.31

1155 Dairy Ashford Rd Ste 425, Houston, Texas, US. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NYSE MKT LLC | Web: www.evolutionpetroleum.com

  • Market Cap$0.18B
  • Change (52 Weeks)74.73%
  • Low (52 Weeks)$2.89
  • Evolution Petroleum Corporation (EPM) Stock Forecast By Analysts

    Strong Buy
    Analysts Recommendations for Evolution Petroleum Corporation (EPM) is based on 5 Institutional Analyst Ratings where 60.00% are on Strong Buy, 20.00% on Moderate Buy, 20.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 5 Institutional Analysts, majority recommended EPM stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Evolution Petroleum Corporation.

    Evolution Petroleum Corporation (EPM) Stock Price Prediction By Analysts

    $7.9649.83% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for EPM set by the institutional analysts is $7.96 where High Estimate is $8.19, Median $7.9559999999999995 and Low $7.88.

    The average price target for EPM by Institutional Analysts is $7.96, which is 49.83% Upside from the current price. So according to the Institutional Analysts, EPM Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Evolution Petroleum Corporation (EPM) Stock Forecast Based on Investor Sentiment

    Very Positive

    Based on 552,135 investor portfolio.

    Our algorithm has analysed 552,135 investor portfolio with EPM stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about EPM and holding their positions hoping for a further rise in the stock price and more profit.

    Evolution Petroleum Corporation (EPM) Stock Forecasts By Institutional Analysts

    Roth CapitalBuyMaintained
    Roth CapitalBuyMaintained
    Roth CapitalBuyUpgraded
    Roth CapitalBuyUpgraded
    Johnson RiceHoldDowngraded
    Roth CapitalNeutralDowngraded
    Johnson RiceAccumulateInitiated
    Northland SecuritiesMarket PerformDowngraded
    Northland SecuritiesMarket PerformDowngraded
    Roth CapitalBuyInitiated
    Northland SecuritiesOutperformUpgraded
    Euro Pacific CapitalUpgraded
    Northland SecuritiesOutperformInitiated
    Northland SecuritiesOutperformInitiated
    McNicoll Lewis VlakHoldDowngraded
    Sidoti & Co.BuyInitiated

    Evolution Petroleum Corporation (EPM) Stock Earning Per Share (EPS) Forecast / Estimate

    The average consensus EPS for EPM is $0.212 with a high estimate of $0.221 and Low of $0.206 for the period 2022-03-31 and based on 2 Institutional Analysts.

    Last Quarter


    Earning Per Share (EPS) History


    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).