With 2.25 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.81 million shares. The 52-week range on NOG shows that it touched its highest point at $44.31 and its lowest point at $19.88 during that stretch. It currently has a 1-year price target of $36.79. With its current market cap of 3.07 billion, NOG has annualized dividend of $1.69 while the current yield stands at 5.44%. Beta for the stock currently stands at 1.53.
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 10.21%, but this was up by 10.25% over a month. Three-month performance surged to 7.95% while six-month performance fell -22.72%. The stock lost -17.20% in the past year, while it has lost -16.33% so far this year. A look at the trailing 12-month EPS for NOG yields 6.42 with Next year EPS estimates of 3.72. For the next quarter, that number is 1.06. This implies an EPS growth rate of -14.18% for this year and -17.65% for next year.
Float and Shares Shorts:
At present, 98.70 million NOG shares are outstanding with a float of 95.83 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 $5.38638 being high and $5.12751 being low. For NOG, this leads to a yearly average estimate of $5.27686.
