With 2.02 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.37 million shares. The 52-week range on NOG shows that it touched its highest point at $44.31 and its lowest point at $33.17 during that stretch. It currently has a 1-year price target of $48.73. With its current market cap of 3.53 billion, NOG has annualized dividend of $1.64 while the current yield stands at 4.64%. Beta for the stock currently stands at 1.84.
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 NOG was up-trending over the past week, with a rise of 0.74%, but this was down by -12.58% over a month. Three-month performance dropped to -12.64% while six-month performance fell -9.21%. The stock gained 3.69% in the past year, while it has lost -4.79% so far this year. A look at the trailing 12-month EPS for NOG yields 5.15 with Next year EPS estimates of 4.97. For the next quarter, that number is 1.23. This implies an EPS growth rate of -8.03% for this year and 2.68% for next year.
Float and Shares Shorts:
At present, 100.76 million NOG shares are outstanding with a float of 92.44 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NOG since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
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 $5.38647 being high and $5.1276 being low. For NOG, this leads to a yearly average estimate of $5.27695. Based on analyst estimates, the high estimate for the next quarter is $1.34 and the low estimate is $0.92. The average estimate for the next quarter is thus $1.12.
