Laredo Petroleum Inc. (LPI) Stock Forecast & Predictions

Laredo Petroleum Inc. LPI: $34.56

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/

  • Market Cap$0.45B
  • Change (52 Weeks)312.11%
  • Low (52 Weeks)$7.71
  • Laredo Petroleum Inc. (LPI) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    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.

    Laredo Petroleum Inc. (LPI) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Laredo Petroleum Inc. (LPI) is based on 14 Institutional Analyst Ratings where 42.86% are on Strong Buy, 14.29% on Moderate Buy, 35.71% remains on Hold, 0.00% are on Moderate Sell and 7.14% are on Strong Sell.

    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..

    Laredo Petroleum Inc. (LPI) Stock Price Prediction By Analysts


    HighLowAverage
    $71.40$30.30$45.67
    $45.6732.16% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for LPI set by the institutional analysts is $45.67 where High Estimate is $71.40, Median $42.84 and Low $30.30.

    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.

    Laredo Petroleum Inc. (LPI) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Raymond JamesOutperformMaintained
    Wells FargoUnderweightDowngraded
    Wells FargoEqual-WeightMaintained
    Seaport GlobalBuyInitiated
    Raymond JamesOutperformUpgraded
    ScotiaBankSector PerformMaintained
    Wells FargoEqual-WeightMaintained
    Wells FargoEqual-WeightMaintained
    Capital One FinancialOverweightUpgraded
    MKM PartnersBuyUpgraded
    Wells FargoEqual-WeightMaintained
    Goldman SachsSellDowngraded
    Stifel NicolausBuyMaintained
    JP MorganNeutralUpgraded
    Credit SuisseNeutralUpgraded
    Capital One FinancialEqual-WeightUpgraded
    BairdOutperformUpgraded
    Societe GeneraleHoldDowngraded
    MKM PartnersNeutralDowngraded
    PiperJaffrayNeutralDowngraded
    BairdNeutralMaintained
    Bank of AmericaUnderperformMaintained
    Tudor PickeringHoldDowngraded
    BairdNeutralDowngraded
    Bank of AmericaUnderperformMaintained
    Deutsche BankHoldInitiated
    JP MorganUnderweightDowngraded
    Credit SuisseNeutralInitiated
    BarclaysOverweightMaintained
    BMO CapitalMarket PerformMaintained
    PiperJaffrayOverweightMaintained
    Bank of AmericaUnderperformMaintained
    Seaport GlobalNeutralDowngraded
    Stifel NicolausBuyInitiated
    Seaport GlobalBuyUpgraded
    Simmons & Co.OverweightUpgraded
    Drexel HamiltonBuyInitiated
    Credit SuisseUnderperformDowngraded
    FBR CapitalOutperformInitiated
    Raymond JamesOutperformMaintained
    Seaport GlobalNeutralUpgraded
    Williams CapitalHoldInitiated
    Capital One FinancialOverweightUpgraded
    BarclaysOverweightMaintained
    iBERIA Capital PartnersOutperformUpgraded
    Imperial CapitalIn-LineInitiated
    JP MorganNeutralUpgraded
    Cowen & Co.Market PerformDowngraded
    Seaport GlobalSellDowngraded
    KLR GroupHoldDowngraded
    Deutsche BankHoldMaintained
    NomuraNeutralMaintained
    Stephens & Co.Equal-WeightDowngraded
    KLR GroupAccumulateUpgraded
    iBERIA Capital PartnersSector PerformMaintained
    JP MorganUnderweightMaintained
    NomuraNeutralMaintained
    Deutsche BankHoldMaintained
    Cowen & Co.OutperformUpgraded
    JP MorganUnderweightInitiated
    Deutsche BankHoldMaintained
    Cowen & Co.Market PerformInitiated
    KLR GroupHoldUpgraded
    NomuraNeutralInitiated
    Deutsche BankHoldInitiated
    KLR GroupReduceDowngraded
    iBERIA Capital PartnersSector PerformDowngraded
    Credit SuisseNeutralMaintained
    Raymond JamesOutperformUpgraded
    SunTrust Robinson HumphreyNeutralInitiated
    Goldman SachsNeutralUpgraded
    Stephens & Co.Equal-WeightMaintained
    Raymond JamesMarket PerformDowngraded
    Raymond JamesMarket PerformDowngraded
    Credit SuisseNeutralInitiated
    Northland SecuritiesMarket PerformDowngraded
    Bank of AmericaUnderperformDowngraded
    JP MorganOverweightMaintained
    Seaport GlobalNeutralDowngraded
    MizuhoNeutralDowngraded
    KLR GroupBuyUpgraded
    BMO CapitalMarket PerformDowngraded
    Simmons & Co.NeutralDowngraded
    Bank of AmericaNeutralMaintained
    Goldman SachsSellDowngraded
    Raymond JamesOutperformInitiated
    KLR GroupAccumulateUpgraded
    Bank of AmericaNeutralDowngraded
    Canaccord GenuityHoldDowngraded
    Stephens & Co.Equal-WeightDowngraded
    SunTrust Robinson HumphreyNeutralDowngraded
    Brean CapitalBuyMaintained
    Canaccord GenuityBuyInitiated
    GMP SecuritiesBuyInitiated
    KLR GroupHoldDowngraded
    BairdOutperformInitiated
    SunTrust Robinson HumphreyBuyUpgraded
    KLR GroupAccumulateUpgraded
    Imperial CapitalIn-LineMaintained
    Seaport GlobalInitiated
    TopekaBuyUpgraded
    Tudor PickeringAccumulateUpgraded
    Imperial CapitalIn-LineMaintained
    Imperial CapitalIn-LineInitiated
    KLR GroupHoldDowngraded
    Goldman SachsNeutralDowngraded
    Northland SecuritiesOutperformInitiated
    Northland SecuritiesOutperformInitiated
    TopekaHoldDowngraded
    Canaccord GenuityBuyInitiated
    Cowen & Co.OutperformInitiated
    Brean CapitalBuyInitiated
    TopekaBuyInitiated
    BMO CapitalOutperformUpgraded
    Societe GeneraleBuyMaintained
    SunTrust Robinson HumphreyNeutralInitiated
    JP MorganOverweightMaintained
    C.K.Cooper & Co.Maintained
    Societe GeneraleBuyMaintained
    BMO CapitalMarket PerformDowngraded
    CK CooperBuyInitiated
    JP MorganOverweightMaintained
    JP MorganOverweightMaintained
    Societe GeneraleBuyUpgraded

    Laredo Petroleum Inc. (LPI) Stock Earning Per Share (EPS) Forecast / Estimate


    $3.340
    The average consensus EPS for LPI is $3.340 with a high estimate of $4.694 and Low of $2.411 for the period 2021-06-30 and based on 10 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $4.02$3.07661152020-09-30


    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..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $4.02$3.07661152020-09-30
    $2.43$1.52253462020-06-30
    $1.8$2.00485000000000022020-03-31
    $3.4$3.7323542019-12-31
    $4.2$4.2102862019-09-30
    $4.8$4.31653799999999952019-06-30
    $2.4$1.7547742019-03-31
    $3.2$4.7684122018-12-31
    $5.4$5.8188119999999992018-09-30
    $5$5.815582018-06-30
    $4.8$5.3798662018-03-31
    $3.8$3.56610800000000032017-12-31
    $2.6$2.8465842017-09-30
    $2$2.3902662017-06-30
    $2$2.19331600000000032017-03-31
    $3.2$3.1031242016-12-31
    $2.4$2.42096999999999962016-09-30
    $2.6$2.057372016-06-30
    $1.6$1.0722162016-03-31
    $1.2$2.1306962015-12-31
    $1.4$1.1760442015-09-30
    $1$0.95525799999999992015-06-30
    $0.6$-0.0577720000000000042015-03-31
    $3$2.7904282014-12-31
    $3.8$3.3503722014-09-30
    $2.8$3.6202442014-06-30
    $9.8$2.74821000000000032014-03-31
    $2.6$1.78772013-12-31
    $3$3.1150422013-09-30
    $3.2$3.37461200000000042013-06-30
    $2.2$2.3700662013-03-31
    $2.2$2.15978399999999972012-12-31
    $2.2$2.53429199999999982012-09-30
    $3.2$3.7372012-06-30
    $4.6$5.2810882012-03-31
    $3.2$4.6462011-12-31

    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?).