PDC Energy Inc (PDCE) Stock Forecast & Predictions

PDC Energy Inc PDCE: $46.97

1775 N Sherman St Ste 3000, Denver, Colorado, US. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NASDAQ | Web: www.pdce.com

  • Market Cap$4.63B
  • Change (52 Weeks)329.46%
  • Low (52 Weeks)$10.58
  • PDC Energy Inc (PDCE) 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, PDC Energy Inc (PDCE) stock price is $46.97 and the 52 weeks low is $10.58, which means the PDC Energy Inc stock price is up 329.46% in the last 12 months.

    PDC Energy Inc (PDCE) Stock Price has been Trending Strongly with an ADX reading of 29.63 as per the Weekly Chart.

    A Upward trend indicates that PDC Energy Inc (PDCE) 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 PDCE Stock price might rise further, 18.75% indicating that PDCE Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall PDCE 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.

    PDC Energy Inc (PDCE) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for PDC Energy Inc (PDCE) is based on 22 Institutional Analyst Ratings where 63.64% are on Strong Buy, 27.27% on Moderate Buy, 9.09% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 22 Institutional Analysts, majority recommended PDCE 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 PDC Energy Inc.

    PDC Energy Inc (PDCE) Stock Price Prediction By Analysts


    HighLowAverage
    $76.65$50.50$61.68
    $61.6831.32% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for PDCE set by the institutional analysts is $61.68 where High Estimate is $76.65, Median $62.22 and Low $50.50.

    The average price target for PDCE by Institutional Analysts is $61.68, which is 31.32% Upside from the current price. So according to the Institutional Analysts, PDCE 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.

    PDC Energy Inc (PDCE) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    KeybancOverweightMaintained
    KeybancOverweightMaintained
    KeybancOverweightMaintained
    KeybancOverweightMaintained
    Wells FargoOverweightMaintained
    KeybancOverweightMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    TD SecuritiesBuyMaintained
    KeyBancOverweightMaintained
    Goldman SachsBuyInitiated
    StifelBuyMaintained
    SunTrust Robinson HumphreyBuyMaintained
    KeyBancOverweightMaintained
    ScotiaBankSector OutperformMaintained
    Imperial CapitalOutperformMaintained
    Wells FargoOverweightMaintained
    StifelBuyUpgraded
    StifelHoldMaintained
    Imperial CapitalOutperformMaintained
    Wells FargoOverweightMaintained
    StifelHoldMaintained
    Wells FargoOverweightMaintained
    StifelHoldDowngraded
    StifelBuyUpgraded
    KeyBancOverweightMaintained
    Wells FargoOverweightMaintained
    MKM PartnersBuyMaintained
    Stifel NicolausBuyMaintained
    CitigroupBuyMaintained
    KeyBancOverweightMaintained
    Wells FargoOverweightMaintained
    Tudor PickeringBuyUpgraded
    Wells FargoOutperformMaintained
    Stifel NicolausBuyMaintained
    KeyBancOverweightMaintained
    Bank of AmericaBuyUpgraded
    BarclaysOverweightInitiated
    Wolfe ResearchPeer PerformUpgraded
    SunTrust Robinson HumphreyBuyMaintained
    MKM PartnersBuyMaintained
    Imperial CapitalOutperformMaintained
    Credit SuisseOutperformUpgraded
    Wells FargoOutperformMaintained
    BMO CapitalMarket PerformDowngraded
    Bank of AmericaNeutralReiterated
    Cowen & Co.OutperformInitiated
    KeyBancOverweightMaintained
    Credit SuisseNeutralMaintained
    CitigroupBuyInitiated
    KeyBancOverweightInitiated
    OppenheimerPerformInitiated
    Stifel NicolausBuyMaintained
    MacquarieNeutralDowngraded
    JP MorganOverweightMaintained
    TD SecuritiesBuyInitiated
    KeyBancOverweightMaintained
    Johnson RiceBuyUpgraded
    Stifel NicolausBuyMaintained
    Bank of AmericaBuyMaintained
    Goldman SachsBuyUpgraded
    Bank of AmericaBuyMaintained
    Mitsubishi UFJOverweightUpgraded
    Stifel NicolausBuyMaintained
    Credit SuisseNeutralMaintained
    Credit SuisseNeutralInitiated
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    JefferiesBuyInitiated
    Imperial CapitalOutperformInitiated
    Seaport GlobalBuyUpgraded
    MizuhoBuyUpgraded
    Credit SuisseNeutralDowngraded
    Goldman SachsNeutralDowngraded
    KLR GroupAccumulateDowngraded
    BarclaysOverweightMaintained
    Mizuho SecuritiesNeutralInitiated
    Canaccord GenuityBuyMaintained
    Seaport GlobalBuyUpgraded
    Williams CapitalBuyInitiated
    BarclaysOverweightMaintained
    Stephens & Co.OverweightUpgraded
    iBERIA Capital PartnersOutperformMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    BMO CapitalMarket PerformDowngraded
    Deutsche BankHoldMaintained
    Wells FargoMarket PerformDowngraded
    Credit SuisseOutperformMaintained
    Clarksons PlatouBuyMaintained
    Stifel NicolausBuyMaintained
    Cantor FitzgeraldBuyMaintained
    Seaport GlobalNeutralDowngraded
    JP MorganOverweightMaintained
    iBERIA Capital PartnersOutperformMaintained
    iBERIA Capital PartnersOutperformMaintained
    Credit SuisseOutperformMaintained
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightInitiated
    Stephens & Co.Equal-WeightDowngraded
    Deutsche BankHoldMaintained
    Cowen & Co.Market PerformDowngraded
    Credit SuisseOutperformMaintained
    Seaport GlobalAccumulateDowngraded
    KLR GroupBuyUpgraded
    BMO CapitalOutperformMaintained
    Bank of AmericaBuyUpgraded
    Deutsche BankHoldMaintained
    Cowen & Co.OutperformInitiated
    TopekaBuyMaintained
    Cowen & Co.OutperformInitiated
    Canaccord GenuityBuyInitiated
    Deutsche BankHoldMaintained
    Goldman SachsBuyInitiated
    JP MorganOverweightMaintained
    Stifel NicolausBuyMaintained
    KeyBancOverweightMaintained
    KLR GroupAccumulateDowngraded
    Deutsche BankHoldMaintained
    Cowen & Co.OutperformInitiated
    MacquarieOutperformInitiated
    Stifel NicolausBuyUpgraded
    WunderlichBuyMaintained
    Scotia Howard WeilSector OutperformMaintained
    Credit SuisseOutperformMaintained
    MLV & Co.BuyMaintained
    TopekaBuyMaintained
    Stifel NicolausHoldDowngraded
    WunderlichBuyMaintained
    SunTrust Robinson HumphreyBuyUpgraded
    KLR GroupBuyUpgraded
    KeyBancBuyMaintained
    Scotia Howard WeilSector OutperformUpgraded
    Capital One FinancialOverweightInitiated
    GMP SecuritiesBuyInitiated
    Credit SuisseOutperformMaintained
    WunderlichBuyMaintained
    BMO CapitalMarket PerformDowngraded
    Seaport GlobalBuyUpgraded
    WunderlichBuyMaintained
    TopekaBuyUpgraded
    Miller TabakBuyUpgraded
    Wells FargoOutperformUpgraded
    KLR GroupHoldUpgraded
    McNicoll Lewis VlakBuyMaintained
    Credit SuisseOutperformMaintained
    Stifel NicolausBuyUpgraded
    MLV & Co.BuyInitiated
    Miller TabakHoldDowngraded
    Global Hunter SecuritiesNeutralDowngraded
    WunderlichBuyMaintained
    KLR GroupReduceDowngraded
    KLR GroupHoldInitiated
    SunTrust Robinson HumphreyNeutralDowngraded
    WunderlichBuyMaintained
    RBC CapitalOutperformInitiated
    TopekaHoldInitiated
    Canaccord GenuityHoldMaintained
    SunTrust Robinson HumphreyBuyUpgraded
    Stifel NicolausHoldDowngraded
    Hilliard LyonsNeutralDowngraded
    CK CooperBuyMaintained
    BMO CapitalOutperformMaintained
    iBERIA Capital PartnersOutperformInitiated
    SunTrust Robinson HumphreyNeutralDowngraded
    WunderlichBuyMaintained
    Miller TabakBuyUpgraded
    BMO CapitalOutperformMaintained
    Stifel NicolausBuyMaintained
    Canaccord GenuityHoldDowngraded
    WunderlichBuyMaintained
    Global Hunter SecuritiesAccumulateDowngraded
    Scotia Howard WeilMarket PerformInitiated
    Hilliard LyonsLong-Term BuyMaintained
    JP MorganOverweightMaintained
    CK CooperBuyMaintained
    Miller TabakBuyInitiated
    Canaccord GenuityBuyMaintained
    Imperial CapitalIn-LineInitiated

    PDC Energy Inc (PDCE) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.660
    The average consensus EPS for PDCE is $1.660 with a high estimate of $2.300 and Low of $1.112 for the period 2021-12-31 and based on 18 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.66$1.2701552021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.62575762021-09-30
    $1.66$1.2701552021-06-30
    $1.41$0.90856500000000012021-03-31
    $1.1$0.91093140000000012020-12-31
    $1.04$0.63189000000000012020-09-30
    $0.14$-0.217902600000000032020-06-30
    $-8.07$-0.0075888000000000012020-03-31
    $0.6$0.4119782019-12-31
    $-0.39$0.33034742019-09-30
    $0.34$0.47523842019-06-30
    $0.27$0.62963582019-03-31
    $-2.22$0.60817499999999992018-12-31
    $0.48$0.6253622018-09-30
    $-1.28$0.59776082018-06-30
    $0.05$0.51072422018-03-31
    $0.25$0.25630562017-12-31
    $-3.85$0.0278460000000000032017-09-30
    $0.19$-0.0107612017-06-30
    $-0.06$-0.07010462017-03-31
    $0.18$0.04514522016-12-31
    $-0.12$-0.0036722016-09-30
    $-0.11$-0.05527382016-06-30
    $-0.22$-0.10616162016-03-31
    $0.29$0.45259442015-12-31
    $0.38$0.46684382015-09-30
    $0.27$0.4226372015-06-30
    $0.19$0.41780222015-03-31
    $-1.11$0.216066600000000032014-12-31
    $1.47$0.24152582014-09-30
    $-0.79$0.35112482014-06-30
    $-0.06$0.3681692014-03-31
    $0.36$0.2629052013-12-31
    $-0.48$0.235671000000000022013-09-30
    $0.64$0.266628000000000032013-06-30
    $-0.34$0.1655972013-03-31
    $2.11$-0.11151662012-12-31
    $-1.08$-0.07142012-09-30
    $-0.06$0.048452012-06-30
    $0.62$0.257917199999999962012-03-31
    $-0.25$0.223043399999999982011-12-31

    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?).