Omega Protein Corporation Commo (NYSE:OME):
Omega Protein Announces Third Quarter 2016 Earnings Release and Conference Call Dates.
The company is down from yesterday’s close of $21.75.
Company chares are trading at $21.70 barely below the 50 day moving average which is $23.63 and a bit higher than the 200 day moving average of $21.60. The 50 day moving average went down by -8.17% and the 200 day average moved up $0.10.
The company currently has a P/E ratio of 17.80 and the market value is 484.02M. As of the latest earnings report the EPS was $1.22 and is expected to be $1.97 for the current year with 22,305,000 shares presently outstanding. Next quarter’s EPS is expected be $0.41 with next year’s EPS projected to be $2.02.
A few brokerages have released opinions on the stock of late. Equity analyst Wunderlich added the stock to its research portfolio setting a rating of “Buy” and projecting a price target of $22.00. On September 29 the stock rating was upgraded to “Buy” from “” with a current price target of $21.00 in a statement from DA Davidson.
Equity analyst DA Davidson both upgraded the stock and raised the price target on September 29 boosting the price target from $15.00 to $21.00 and raising the rating from “” to “Buy”. On August 31, 2015 BB&T Capital started covering the stock by announcing an initial rating of “Hold”.
On August 11 the company was upgraded from “In-line” to “Outperform” and a price target of $19.00 was set in a report from Imperial Capital. Imperial Capital raised the price target and upgraded the stock on August 11 changing the price objective from $16.00 to $19.00 and moving the rating from “In-line” to “Outperform”.