The stocks of MRO will be posting their results of quarterly earnings after the closing on the market next Wednesday, i.e. the 5th of May. Several analysts have also predicted that the company will put up an EPS of $0.03 for this quarter.
The Quarterly Estimates Of MRO
MRO did post their previous quarterly updates last Sunday- the 21st of February. The producer of oil and gas then reported an EPS of $0.12 for this quarter, which missed out on the consensus estimate of $0.20. The revenue generated by the company during this period was $830 million which also missed out on the consensus estimate of $846.86 million. The net margin of the company during this period was -32.64%, with the return on equity set at -6.64%.
The stocks of MRO traded on Wednesday at $11.04. The debt-to-equity ratio for the company is 0.50, along with a 1.23 current ratio, and a 1.18 quick ratio. The moving average of the company over a period of 50 days is $11.12, with the moving average price of the company over 200 days is $8.03. The market cap of the firm is $8.70 billion, with a -7.67 PE ratio, and a 3.36 beta. The year low of the company is $3.73, with the year high of $13.29.
There have been quite a few research equities that have commented on the stocks of MRO. Truist Securities has also increased the rating of the company from a hold to buy in a 14th January research report. Morgan Stanley has also increased the price target from $7 to $12 with a rating of underweight in a 17th March research note. Raymond James has also reaffirmed their rating of buy in a 24th February research note. Barclays has also increased the price target of the company from $9 to $13 with a rating of overweight in a 13th April research note.
Two of the investment analysts have given the stocks a rating of sell, while ten have given the company a rating of hold. MRO has a hold rating, with a $9.32 target price.