15 W 6th St Ste 900, Tulsa, Oklahoma, US. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.laredopetro.com/
According to the market data, Laredo Petroleum Inc. (LPI) stock price is $34.56 and the 52 weeks low is $7.71, which means the Laredo Petroleum Inc. stock price is up 312.11% in the last 12 months.
Laredo Petroleum Inc. (LPI) Stock Price has been Trending Strongly with an ADX reading of 44.10 as per the Weekly Chart.
A Upward trend indicates that Laredo Petroleum Inc. (LPI) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).
Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.
Based on our analysis of 16 technical indicators, 31.25% are indicating that LPI Stock price might rise further, 18.75% indicating that LPI Stock price might fall, and 50.00% are in a neutral position.
Based on these technical algorithms, overall LPI stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.
Out of 14 Institutional Analysts, majority recommended LPI 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 Laredo Petroleum Inc..
High | Low | Average |
---|---|---|
$71.40 | $30.30 | $45.67 |
The average price target for LPI by Institutional Analysts is $45.67, which is 32.16% Upside from the current price. So according to the Institutional Analysts, LPI 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.
Analyst | Recommendation | Action |
---|---|---|
Raymond James | Outperform | Maintained |
Wells Fargo | Underweight | Downgraded |
Wells Fargo | Equal-Weight | Maintained |
Seaport Global | Buy | Initiated |
Raymond James | Outperform | Upgraded |
ScotiaBank | Sector Perform | Maintained |
Wells Fargo | Equal-Weight | Maintained |
Wells Fargo | Equal-Weight | Maintained |
Capital One Financial | Overweight | Upgraded |
MKM Partners | Buy | Upgraded |
Wells Fargo | Equal-Weight | Maintained |
Goldman Sachs | Sell | Downgraded |
Stifel Nicolaus | Buy | Maintained |
JP Morgan | Neutral | Upgraded |
Credit Suisse | Neutral | Upgraded |
Capital One Financial | Equal-Weight | Upgraded |
Baird | Outperform | Upgraded |
Societe Generale | Hold | Downgraded |
MKM Partners | Neutral | Downgraded |
PiperJaffray | Neutral | Downgraded |
Baird | Neutral | Maintained |
Bank of America | Underperform | Maintained |
Tudor Pickering | Hold | Downgraded |
Baird | Neutral | Downgraded |
Bank of America | Underperform | Maintained |
Deutsche Bank | Hold | Initiated |
JP Morgan | Underweight | Downgraded |
Credit Suisse | Neutral | Initiated |
Barclays | Overweight | Maintained |
BMO Capital | Market Perform | Maintained |
PiperJaffray | Overweight | Maintained |
Bank of America | Underperform | Maintained |
Seaport Global | Neutral | Downgraded |
Stifel Nicolaus | Buy | Initiated |
Seaport Global | Buy | Upgraded |
Simmons & Co. | Overweight | Upgraded |
Drexel Hamilton | Buy | Initiated |
Credit Suisse | Underperform | Downgraded |
FBR Capital | Outperform | Initiated |
Raymond James | Outperform | Maintained |
Seaport Global | Neutral | Upgraded |
Williams Capital | Hold | Initiated |
Capital One Financial | Overweight | Upgraded |
Barclays | Overweight | Maintained |
iBERIA Capital Partners | Outperform | Upgraded |
Imperial Capital | In-Line | Initiated |
JP Morgan | Neutral | Upgraded |
Cowen & Co. | Market Perform | Downgraded |
Seaport Global | Sell | Downgraded |
KLR Group | Hold | Downgraded |
Deutsche Bank | Hold | Maintained |
Nomura | Neutral | Maintained |
Stephens & Co. | Equal-Weight | Downgraded |
KLR Group | Accumulate | Upgraded |
iBERIA Capital Partners | Sector Perform | Maintained |
JP Morgan | Underweight | Maintained |
Nomura | Neutral | Maintained |
Deutsche Bank | Hold | Maintained |
Cowen & Co. | Outperform | Upgraded |
JP Morgan | Underweight | Initiated |
Deutsche Bank | Hold | Maintained |
Cowen & Co. | Market Perform | Initiated |
KLR Group | Hold | Upgraded |
Nomura | Neutral | Initiated |
Deutsche Bank | Hold | Initiated |
KLR Group | Reduce | Downgraded |
iBERIA Capital Partners | Sector Perform | Downgraded |
Credit Suisse | Neutral | Maintained |
Raymond James | Outperform | Upgraded |
SunTrust Robinson Humphrey | Neutral | Initiated |
Goldman Sachs | Neutral | Upgraded |
Stephens & Co. | Equal-Weight | Maintained |
Raymond James | Market Perform | Downgraded |
Raymond James | Market Perform | Downgraded |
Credit Suisse | Neutral | Initiated |
Northland Securities | Market Perform | Downgraded |
Bank of America | Underperform | Downgraded |
JP Morgan | Overweight | Maintained |
Seaport Global | Neutral | Downgraded |
Mizuho | Neutral | Downgraded |
KLR Group | Buy | Upgraded |
BMO Capital | Market Perform | Downgraded |
Simmons & Co. | Neutral | Downgraded |
Bank of America | Neutral | Maintained |
Goldman Sachs | Sell | Downgraded |
Raymond James | Outperform | Initiated |
KLR Group | Accumulate | Upgraded |
Bank of America | Neutral | Downgraded |
Canaccord Genuity | Hold | Downgraded |
Stephens & Co. | Equal-Weight | Downgraded |
SunTrust Robinson Humphrey | Neutral | Downgraded |
Brean Capital | Buy | Maintained |
Canaccord Genuity | Buy | Initiated |
GMP Securities | Buy | Initiated |
KLR Group | Hold | Downgraded |
Baird | Outperform | Initiated |
SunTrust Robinson Humphrey | Buy | Upgraded |
KLR Group | Accumulate | Upgraded |
Imperial Capital | In-Line | Maintained |
Seaport Global | Initiated | |
Topeka | Buy | Upgraded |
Tudor Pickering | Accumulate | Upgraded |
Imperial Capital | In-Line | Maintained |
Imperial Capital | In-Line | Initiated |
KLR Group | Hold | Downgraded |
Goldman Sachs | Neutral | Downgraded |
Northland Securities | Outperform | Initiated |
Northland Securities | Outperform | Initiated |
Topeka | Hold | Downgraded |
Canaccord Genuity | Buy | Initiated |
Cowen & Co. | Outperform | Initiated |
Brean Capital | Buy | Initiated |
Topeka | Buy | Initiated |
BMO Capital | Outperform | Upgraded |
Societe Generale | Buy | Maintained |
SunTrust Robinson Humphrey | Neutral | Initiated |
JP Morgan | Overweight | Maintained |
C.K.Cooper & Co. | Maintained | |
Societe Generale | Buy | Maintained |
BMO Capital | Market Perform | Downgraded |
CK Cooper | Buy | Initiated |
JP Morgan | Overweight | Maintained |
JP Morgan | Overweight | Maintained |
Societe Generale | Buy | Upgraded |
Actual | Estimate | Date |
---|---|---|
$4.02 | $3.0766115 | 2020-09-30 |
The latest average Earning Per Share Estimate for Laredo Petroleum Inc. is $3.34, which is lower than LPI's last EPS, $4.02. This means that Analysts are expecting Laredo Petroleum Inc. to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Laredo Petroleum Inc..
Actual | Estimate | Date |
---|---|---|
$4.02 | $3.0766115 | 2020-09-30 |
$2.43 | $1.5225346 | 2020-06-30 |
$1.8 | $2.0048500000000002 | 2020-03-31 |
$3.4 | $3.732354 | 2019-12-31 |
$4.2 | $4.210286 | 2019-09-30 |
$4.8 | $4.3165379999999995 | 2019-06-30 |
$2.4 | $1.754774 | 2019-03-31 |
$3.2 | $4.768412 | 2018-12-31 |
$5.4 | $5.818811999999999 | 2018-09-30 |
$5 | $5.81558 | 2018-06-30 |
$4.8 | $5.379866 | 2018-03-31 |
$3.8 | $3.5661080000000003 | 2017-12-31 |
$2.6 | $2.846584 | 2017-09-30 |
$2 | $2.390266 | 2017-06-30 |
$2 | $2.1933160000000003 | 2017-03-31 |
$3.2 | $3.103124 | 2016-12-31 |
$2.4 | $2.4209699999999996 | 2016-09-30 |
$2.6 | $2.05737 | 2016-06-30 |
$1.6 | $1.072216 | 2016-03-31 |
$1.2 | $2.130696 | 2015-12-31 |
$1.4 | $1.176044 | 2015-09-30 |
$1 | $0.9552579999999999 | 2015-06-30 |
$0.6 | $-0.057772000000000004 | 2015-03-31 |
$3 | $2.790428 | 2014-12-31 |
$3.8 | $3.350372 | 2014-09-30 |
$2.8 | $3.620244 | 2014-06-30 |
$9.8 | $2.7482100000000003 | 2014-03-31 |
$2.6 | $1.7877 | 2013-12-31 |
$3 | $3.115042 | 2013-09-30 |
$3.2 | $3.3746120000000004 | 2013-06-30 |
$2.2 | $2.370066 | 2013-03-31 |
$2.2 | $2.1597839999999997 | 2012-12-31 |
$2.2 | $2.5342919999999998 | 2012-09-30 |
$3.2 | $3.737 | 2012-06-30 |
$4.6 | $5.281088 | 2012-03-31 |
$3.2 | $4.646 | 2011-12-31 |
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.
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.
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.
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?).