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Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) Experiences Heavy Trading Volume

12 October 2017

It delivers an array of information technology (IT) and technical services solutions. It has a 7818.18 P/E ratio. The Company's solutions and services include cybersecurity; software and systems development; enterprise IT; multi-disciplined intelligence; command, control, communications, computers, intelligence, surveillance and reconnaissance; program protection and mission assurance; systems engineering; supply chain management and logistics; test and evaluation; training, and management consulting. Wall Street experts also assign a $25.91 price target on Carrizo Oil & Gas, Inc., pointing towards a 56.94% rally from current levels. CRZO's profit will be $19.39 million for 17.28 P/E if the $0.24 EPS becomes a reality. After having $0.30 EPS previously, Carrizo Oil & Gas Inc's analysts see -20.00% EPS growth. Advisor Group Inc. now owns 8,121 shares of the oil and gas producer's stock worth $141,000 after purchasing an additional 2,611 shares in the last quarter.

Taking a broader look at the analyst consensus, according to 23 analysts Carrizo Oil & Gas (NASDAQ:CRZO)'s price will reach at $25.78 during 52 weeks. It has underperformed by 50.75% the S&P500. A 10 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of (NYSE:NLSN) or, if they already own its stock, sell it. Therefore 61% are positive. The rating was upgraded by KLR Group to "Buy" on Monday, November 7. The company was maintained on Tuesday, August 8 by Williams Capital Group. Seaport Global downgraded the shares of CRZO in report on Wednesday, March 30 to "Neutral" rating. The firm has "Outperform" rating given on Wednesday, October 19 by Imperial Capital. As per Friday, March 11, the company rating was upgraded by Goldman Sachs. The stock of Carrizo Oil & Gas Inc (NASDAQ:CRZO) earned "Buy" rating by Jefferies on Tuesday, July 4.

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Other analysts have also issued reports about the stock. (NASDAQ:CRZO) slipped over -0.42% at $16.44, after hitting low of $16.4 in an intra-day trade.

Carrizo Oil & Gas (NASDAQ:CRZO) shares traded on -0.42% below secure line and closed at $16.44. The company has market cap of $17.17 billion. The Firm is engaged in the exploration, development and production of gas and oil from resource plays located in the United States. A negative earnings surprise will usually result in a decline in share price. Its operations are focused in proven, producing oil and gas plays in the Eagle Ford Shale in South Texas, the Delaware Basin in West Texas, the Utica Shale in OH, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania.

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Comparing the number of shares sold short to the float is a method analysts often use to get a reading on investor sentiment. Its up 0.41, from 1.31 in 2017Q1. 49 funds opened positions while 99 raised stakes. Schwab Charles Invest Mngmt owns 223,660 shares for 0% of their portfolio. Carrizo Oil & Gas had a positive return on equity of 85.42% and a negative net margin of 264.25%. Winslow Evans And Crocker holds 0% in Southern Copper Corp (NYSE:SCCO) or 80 shares. The daily trading volume has averaged 3.83 million shares a day in past 3 months. With short interest at 14,102,855 and short average daily volume at 3,057,030, the short-interest ratio is 5.0 and the percentage of shorted shares was 0.21% on August 31. Bank Of America De stated it has 713,608 shares or 0% of all its holdings. 100 were accumulated by Hudock Cap Grp. Meeder Asset owns 342 shares. First Interstate State Bank accumulated 11,740 shares.

Nielsen Holdings plc (NLSN) knifed -1.85 percent lower and now trades for $40.39. Deutsche Bancshares Ag holds 0.01% or 545,087 shares. Kames Public Ltd Company stated it has 28,446 shares. Antero Midstream GP LP (NYSE:AMGP) has 0.00% since October 10, 2016 and is. Tiaa Cref Investment Mgmt Limited Liability holds 0% or 173,705 shares in its portfolio. Denver Investment Advisors Llc owns 467,771 shares or 0.86% of their USA portfolio. Moreover, Advisory Research Inc has 0.96% invested in the company for 2.27 million shares. Northern Tru Corporation, a Illinois-based fund reported 1.15M shares. The analysts estimated mean EPS at 0.34 while the high and low EPS estimate stand at 0.47 and 0.08 respectively.

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PHG's mean recommendation on Reuter's scale presents no change from 1 thirty days ago to 1 now, which indicates a buy consensus from the analyst community. Credit Suisse maintained the shares of CRZO in report on Friday, August 21 with "Outperform" rating. As per Thursday, October 6, the company rating was initiated by Mizuho. The stock of Antero Midstream GP LP (NYSE:AMGP) earned "Neutral" rating by Citigroup on Wednesday, May 31.