This trade activity should not be overlooked: HighPeak Energy Inc (HPK)

With 0.21 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.27 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $14.57 whereas the lowest price it dropped to was $14.17. The 52-week range on HPK shows that it touched its highest point at $17.48 and its lowest point at $12.47 during that stretch. It currently has a 1-year price target of $18.83. With its current market cap of 1.79 billion, HPK has annualized dividend of $0.16 while the current yield stands at 1.13%. HPK paid its most recent dividend on 1733097600, while the ex-dividend date for that was 1733097600. Beta for the stock currently stands at 0.75.

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 HPK was down-trending over the past week, with a drop of -3.61%, but this was up by 0.71% over a month. Three-month performance dropped to -1.19% while six-month performance fell -6.65%. A look at the trailing 12-month EPS for HPK yields 1.26 with Next year EPS estimates of 0.88. For the next quarter, that number is 0.15. This implies an EPS growth rate of -47.15% for this year and 5.09% for next year.

Float and Shares Shorts:

At present, 126.63 million HPK shares are outstanding with a float of 18.56 million shares on hand for trading. On 2024-12-13, short shares totaled 5.09 million, which was 401.99999999999994 higher than short shares on 1731628800. In addition to Mr. Jack Dana Hightower as the firm’s Chairman & CEO, Mr. Michael L. Hollis serves as its President & Director.

Institutional Ownership:

Through their ownership of 0.20562 of HPK’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 2024-09-30, HPK reported revenue of $271578000.0 and operating income of $73625000.0. The EBITDA in the recently reported quarter was $210295000.0 and diluted EPS was $0.35.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With HPK analysts setting a high price target of 31.5 and a low target of 14.0, the average target price over the next 12 months is 22.75. Based on these targets, HPK could surge 122.3% to reach the target high and fall by -1.2% to reach the target low. Reaching the average price target will result in a growth of 60.55% 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 $0.86753 being high and $0.80247 being low. For HPK, this leads to a yearly average estimate of $0.835.