Expand Energy Corp (NASDAQ:EXE) price on current trading day, fall -3.55% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $98.79.
A look at the stock’s price movement, the level at last check in today’s session was $102.43. The PE ratio in trailing twelve months stood at 60.90. Turning to its 52-week performance, $109.47 and $69.12 were the 52-week high and 52-week low respectively. Overall, EXE moved -3.27% over the past month.
Expand Energy Corp’s market cap currently stands at around $22.83 billion, with investors looking forward to this quarter’s earnings report slated for in March. The company has a Forward Dividend ratio of 2.30, with its dividend yield at 2.33%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 1.95B for the company’s revenue for the quarter, with a low and high estimate of 1.83B and 2.19B respectively. The average forecast suggests up to a 231.75% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 8.35B, representing a 181.39% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that EXE is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
The technical evaluation for the stock shows the PEG ratio is 0.76, with EXE’s current price about -5.03% and -3.35% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 35.50, while 7-day volatility ratio is 2.41% and 2.13% in the 30-day chart. Further, Expand Energy Corp (EXE) has a beta value of 0.51, and an average true range (ATR) of 2.49. Analysts have given the company’s stock an average 52-week price target of $110, forecast between a low of $86 and high of $146. Looking at the price targets, the low is 12.95% off recent price level in today’s trading while to achieve the yearly target high, it has to move -47.79%. Nonetheless, investors will most likely welcome a -11.35% jump to $110 which is the analysts’ median price.
If we refocus on Expand Energy Corp (NASDAQ:EXE), historical trading data shows that trading volumes averaged 2.58 million over the past 3 months. The company’s latest data on shares outstanding shows there are 231.10 million shares.
The 11.21% of Expand Energy Corp’s shares are in the hands of company insiders while institutional holders own 90.42% of the company’s shares. Current price change has pushed the stock -0.76% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the EXE stock continues to rise going into the next quarter.
