With 0.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.32 million shares. During the session, the Oil & Gas Midstream company that operates in wider Energy sector, reached to the highest price of $8.33 whereas the lowest price it dropped to was $8.18. The 52-week range on CLCO shows that it touched its highest point at $13.68 and its lowest point at $6.92 during that stretch. It currently has a 1-year price target of $11.86. With its current market cap of 440.88 million, CLCO has annualized dividend of $1.38 while the current yield stands at 16.81%. Beta for the stock currently stands at 0.27.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CLCO was up-trending over the past week, with a rise of 3.27%, but this was up by 10.05% over a month. Three-month performance dropped to -27.98% while six-month performance fell -33.03%. The stock lost -34.74% in the past year, while it has gained 3.27% so far this year. A look at the trailing 12-month EPS for CLCO yields 1.73 with Next year EPS estimates of 1.33. For the next quarter, that number is 0.35. This implies an EPS growth rate of -25.20% for this year and -17.86% for next year.
Float and Shares Shorts:
At present, 53.70 million CLCO shares are outstanding with a float of 22.17 million shares on hand for trading. On 2024-10-31, short shares totaled 0.69 million, which was 128.0 higher than short shares on 1727654400. In addition to Mr. Richard Tyrrell as the firm’s CEO & Director, Mr. Johannes P. Boots serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.23177 of CLCO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, CLCO reported revenue of $78512000.0 and operating income of $38948000.0. The EBITDA in the recently reported quarter was $54375000.0 and diluted EPS was $0.151742.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With CLCO analysts setting a high price target of 13.5 and a low target of 13.5, the average target price over the next 12 months is 13.5. Based on these targets, CLCO could surge 64.43% to reach the target high and rise by 64.43% to reach the target low. Reaching the average price target will result in a growth of 64.43% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.69006 being high and $1.57894 being low. For CLCO, this leads to a yearly average estimate of $1.62322.
