Bill Barrett Corp. (NYSE:BBG) – Investment analysts at KeyCorp increased their FY2016 earnings per share estimates for Bill Barrett Corp. in a research note issued on Tuesday. KeyCorp analyst C. Stevens now anticipates that the firm will post earnings per share of ($0.60) for the year, up from their previous estimate of ($0.61). KeyCorp also issued estimates for Bill Barrett Corp.’s Q4 2016 earnings at ($0.10) EPS, Q3 2017 earnings at ($0.18) EPS, FY2017 earnings at ($0.79) EPS, Q1 2018 earnings at ($0.11) EPS, Q2 2018 earnings at ($0.08) EPS and Q3 2018 earnings at ($0.06) EPS.

Bill Barrett Corp. (NYSE:BBG) last released its quarterly earnings data on Thursday, November 3rd. The energy company reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.04. Bill Barrett Corp. had a negative net margin of 81.86% and a negative return on equity of 4.43%. The firm had revenue of $50.48 million for the quarter, compared to analyst estimates of $62.91 million. During the same period last year, the firm earned ($0.09) earnings per share. The business’s quarterly revenue was up 1.6% compared to the same quarter last year.

Earnings History and Estimates for Bill Barrett Corp. (NYSE:BBG)

Other research analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Bill Barrett Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 10th. Canaccord Genuity set a $7.00 price target on shares of Bill Barrett Corp. and gave the stock a “hold” rating in a research note on Saturday, August 6th. Barclays PLC decreased their price target on shares of Bill Barrett Corp. from $8.00 to $6.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 11th. Cantor Fitzgerald reissued a “hold” rating on shares of Bill Barrett Corp. in a research note on Sunday, August 14th. Finally, Scotiabank reaffirmed a “sector outperform” rating and issued a $14.00 target price (up from $12.00) on shares of Bill Barrett Corp. in a research note on Saturday, October 15th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Bill Barrett Corp. has a consensus rating of “Hold” and a consensus price target of $7.67.

Bill Barrett Corp. (NYSE:BBG) opened at 7.38 on Thursday. The company’s market capitalization is $434.40 million. The firm has a 50 day moving average of $5.82 and a 200-day moving average of $6.28. Bill Barrett Corp. has a 1-year low of $2.19 and a 1-year high of $9.38.

Several hedge funds have recently made changes to their positions in the stock. Capital Fund Management S.A. acquired a new stake in shares of Bill Barrett Corp. during the second quarter worth approximately $100,000. Jefferies Group LLC acquired a new stake in shares of Bill Barrett Corp. during the second quarter worth approximately $102,000. BlackRock Inc. boosted its stake in shares of Bill Barrett Corp. by 391.5% in the second quarter. BlackRock Inc. now owns 16,677 shares of the energy company’s stock worth $106,000 after buying an additional 13,284 shares during the period. Profund Advisors LLC boosted its stake in shares of Bill Barrett Corp. by 4.5% in the second quarter. Profund Advisors LLC now owns 16,790 shares of the energy company’s stock worth $107,000 after buying an additional 728 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Bill Barrett Corp. by 711.5% in the second quarter. Tower Research Capital LLC TRC now owns 17,992 shares of the energy company’s stock worth $115,000 after buying an additional 15,775 shares during the period.

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Bill Barrett Corp. Company Profile

Bill Barrett Corporation is an independent energy company that develops, acquires and explores for oil and natural gas resources. The Company’s assets and operations are located in the Rocky Mountain region of the United States. The Company develops oil and natural gas in the Rocky Mountain region of the United States.

5 Day Chart for NYSE:BBG

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