January 8th, 2015 - by Thomas Dobrow
InterOil (NYSE:IOC) reached a new 52-week low during trading on Wednesday , Stock Ratings News reports.
The stock traded as low as $42.63 and last traded at $42.97, with a volume of 461,196 shares changing hands. The stock had previously closed at $44.52.
A number of analysts have recently weighed in on IOC shares.
Analysts at Zacks upgraded shares of InterOil from a “neutral” rating to an “outperform” rating in a research note on Wednesday, December 24.
They now have a $54.10 price target on the stock. Separately, analysts at Goldman Sachs initiated coverage on shares of InterOil in a research note on Thursday, December 18.
They set a “buy” rating and a $69.50 price target on the stock.
One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock.
InterOil presently has a consensus rating of “Buy” and an average target price of $70.90.
The stock has a 50-day moving average of $52.34 and a 200-day moving average of $55.93.
The company has a market cap of $2.120 billion and a price-to-earnings ratio of 6.71.
InterOil (NYSE:IOC) last released its earnings data on Friday, November 14.
The company reported ($0.34) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.51) by $0.17.
The company had revenue of $10.75 million for the quarter, compared to the consensus estimate of $308.00 million.
During the same quarter in the prior year, the company posted ($0.13) earnings per share.
The company’s quarterly revenue was down 98.3% on a year-over-year basis. Analysts expect that InterOil will post $-1.62 EPS for the current fiscal year.
InterOil Corporation (NYSE:IOC) is an integrated energy company operating in Papua New Guinea and the surrounding Southwest Pacific region.
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The stock traded as low as $42.63 and last traded at $42.97, with a volume of 461,196 shares changing hands. The stock had previously closed at $44.52.
A number of analysts have recently weighed in on IOC shares.
Analysts at Zacks upgraded shares of InterOil from a “neutral” rating to an “outperform” rating in a research note on Wednesday, December 24.
They now have a $54.10 price target on the stock. Separately, analysts at Goldman Sachs initiated coverage on shares of InterOil in a research note on Thursday, December 18.
They set a “buy” rating and a $69.50 price target on the stock.
One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock.
InterOil presently has a consensus rating of “Buy” and an average target price of $70.90.
The stock has a 50-day moving average of $52.34 and a 200-day moving average of $55.93.
The company has a market cap of $2.120 billion and a price-to-earnings ratio of 6.71.
InterOil (NYSE:IOC) last released its earnings data on Friday, November 14.
The company reported ($0.34) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.51) by $0.17.
The company had revenue of $10.75 million for the quarter, compared to the consensus estimate of $308.00 million.
During the same quarter in the prior year, the company posted ($0.13) earnings per share.
The company’s quarterly revenue was down 98.3% on a year-over-year basis. Analysts expect that InterOil will post $-1.62 EPS for the current fiscal year.
InterOil Corporation (NYSE:IOC) is an integrated energy company operating in Papua New Guinea and the surrounding Southwest Pacific region.
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