Carrizo Oil & Gas Inc (NASDAQ:CRZO) – Equities researchers at Jefferies Financial Group issued their Q1 2021 EPS estimates for shares of Carrizo Oil & Gas in a note issued to investors on Monday, July 15th. Jefferies Financial Group analyst M. Lear forecasts that the oil and gas producer will earn $0.41 per share for the quarter. Jefferies Financial Group currently has a “Hold” rating on the stock. Jefferies Financial Group also issued estimates for Carrizo Oil & Gas’ Q2 2021 earnings at $0.52 EPS and FY2021 earnings at $2.02 EPS.

Several other equities research analysts have also commented on CRZO. Capital One Financial lowered Cimarex Energy from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, March 20th. Cowen set a $27.00 price target on Schnitzer Steel Industries and gave the stock a “hold” rating in a research note on Tuesday, April 9th. Ifs Securities raised SRC Energy from an “outperform” rating to a “strong-buy” rating in a research report on Tuesday, April 23rd. Raymond James reaffirmed a “reduce” rating and issued a $48.00 target price (up previously from $45.00) on shares of Hancock Whitney in a research report on Wednesday. Finally, BidaskClub downgraded Xencor from a “sell” rating to a “strong sell” rating in a research report on Tuesday, June 11th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $21.16.

Shares of NASDAQ:CRZO opened at $10.38 on Tuesday. The firm has a market capitalization of $989.80 million, a price-to-earnings ratio of 3.73, a PEG ratio of 0.14 and a beta of 2.14. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.26 and a quick ratio of 0.26. The stock’s 50-day moving average price is $10.02. Carrizo Oil & Gas has a 12 month low of $8.64 and a 12 month high of $29.58.

Carrizo Oil & Gas (NASDAQ:CRZO) last announced its quarterly earnings results on Tuesday, May 7th. The oil and gas producer reported $0.47 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.07. The company had revenue of $233.04 million during the quarter, compared to analyst estimates of $228.41 million. Carrizo Oil & Gas had a return on equity of 32.14% and a net margin of 49.20%. The firm’s revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.48 earnings per share.

Institutional investors and hedge funds have recently modified their holdings of the stock. First Quadrant L P CA acquired a new stake in Carrizo Oil & Gas during the first quarter valued at approximately $63,000. Advisor Group Inc. raised its stake in Carrizo Oil & Gas by 276.2% during the fourth quarter. Advisor Group Inc. now owns 7,333 shares of the oil and gas producer’s stock valued at $83,000 after buying an additional 5,384 shares in the last quarter. Cypress Capital Management LLC WY raised its stake in Carrizo Oil & Gas by 37.3% during the first quarter. Cypress Capital Management LLC WY now owns 7,000 shares of the oil and gas producer’s stock valued at $87,000 after buying an additional 1,900 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Carrizo Oil & Gas during the fourth quarter valued at approximately $90,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in Carrizo Oil & Gas during the fourth quarter valued at approximately $107,000.

In other news, insider S P. Iv Johnson sold 8,000 shares of the company’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $12.45, for a total value of $99,600.00. Following the completion of the sale, the insider now owns 203,221 shares of the company’s stock, valued at $2,530,101.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 24,000 shares of company stock valued at $259,600 in the last ninety days. Company insiders own 4.80% of the company’s stock.

About Carrizo Oil & Gas

Carrizo Oil & Gas, Inc, an energy company, explores for, develops, and produces crude oil, natural gas liquids, and gas from resource plays primarily in the United States. The company holds interests in oil and gas plays, including the Eagle Ford Shale in South Texas; and the Permian Basin in West Texas.

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Earnings History and Estimates for Carrizo Oil & Gas (NASDAQ:CRZO)

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