Analysts See $0.07 EPS for Jagged Peak Energy (JAG); Cmt Asset Management LTD Trimmed By $438,100 Its Freeport (FCX) Holding

August 1, 2017 - By Vivian Park

Analysts expect Jagged Peak Energy Inc (NYSE:JAG) to report $0.07 EPS on August, 10.JAG’s profit would be $14.93 million giving it 50.57 P/E if the $0.07 EPS is correct. After having $0.05 EPS previously, Jagged Peak Energy Inc’s analysts see 40.00% EPS growth. It closed at $14.16 lastly. It is down 0.00% since August 1, 2016 and is . It has underperformed by 16.70% the S&P500.

Cmt Asset Management Ltd decreased Freeport (FCX) stake by 60.72% reported in 2016Q4 SEC filing. Cmt Asset Management Ltd sold 33,700 shares as Freeport (FCX)’s stock declined 21.33%. The Cmt Asset Management Ltd holds 21,800 shares with $288,000 value, down from 55,500 last quarter. Freeport now has $21.15B valuation. The stock rose 0.89% or $0.13 reaching $14.75. About 28,503 shares traded. Freeport-McMoRan Inc (NYSE:FCX) has risen 6.83% since August 1, 2016 and is uptrending. It has underperformed by 9.87% the S&P500.

Jagged Peak Energy Inc. is an independent oil and natural gas firm focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. The company has market cap of $3.02 billion. The Company’s acreage is located on contiguous blocks in the adjacent counties of Winkler, Ward, Reeves and Pecos, with original oil-in-place within multiple stacked hydrocarbon-bearing formations. It currently has negative earnings. As of September 30, 2016, it drilled and completed 16 horizontal wells.

Among 10 analysts covering Jagged Peak Energy (NYSE:JAG), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Jagged Peak Energy had 11 analyst reports since February 21, 2017 according to SRatingsIntel. The company was initiated on Tuesday, February 21 by JP Morgan. KLR Group initiated Jagged Peak Energy Inc (NYSE:JAG) on Monday, June 19 with “Buy” rating. Wells Fargo initiated the shares of JAG in report on Tuesday, February 21 with “Outperform” rating. The rating was initiated by UBS with “Buy” on Thursday, March 23. The stock of Jagged Peak Energy Inc (NYSE:JAG) earned “Buy” rating by Stifel Nicolaus on Thursday, March 16. The rating was maintained by BMO Capital Markets on Thursday, March 23 with “Hold”. As per Tuesday, February 21, the company rating was initiated by Credit Suisse. The firm has “Overweight” rating given on Tuesday, February 21 by KeyBanc Capital Markets. Goldman Sachs initiated the stock with “Buy” rating in Tuesday, February 21 report. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, February 21.

Among 21 analysts covering Freeport-McMoran Copper & Gold (NYSE:FCX), 5 have Buy rating, 5 Sell and 11 Hold. Therefore 24% are positive. Freeport-McMoran Copper & Gold had 70 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Mkt Perform” rating by FBR Capital given on Wednesday, July 20. Cowen & Co maintained the stock with “Buy” rating in Wednesday, April 12 report. Deutsche Bank downgraded Freeport-McMoRan Inc (NYSE:FCX) on Monday, October 5 to “Hold” rating. The stock of Freeport-McMoRan Inc (NYSE:FCX) has “Outperform” rating given on Friday, July 24 by Cowen & Co. As per Saturday, August 29, the company rating was maintained by Deutsche Bank. The firm has “Buy” rating given on Tuesday, May 17 by Jefferies. On Friday, February 3 the stock rating was maintained by FBR Capital with “Mkt Perform”. The firm earned “Hold” rating on Wednesday, March 22 by Berenberg. Argus Research downgraded the stock to “Hold” rating in Wednesday, February 3 report. RBC Capital Markets maintained Freeport-McMoRan Inc (NYSE:FCX) rating on Monday, January 25. RBC Capital Markets has “Sector Perform” rating and $8 target.

Investors sentiment decreased to 0.96 in Q4 2016. Its down 0.02, from 0.98 in 2016Q3. It dropped, as 61 investors sold FCX shares while 223 reduced holdings. 99 funds opened positions while 175 raised stakes. 995.10 million shares or 5.90% more from 939.67 million shares in 2016Q3 were reported. Bbva Compass Bancshares Inc stated it has 0.04% of its portfolio in Freeport-McMoRan Inc (NYSE:FCX). Credit Agricole S A reported 2.60 million shares. Tiaa Cref Inv Mngmt Lc holds 0.07% or 6.88M shares in its portfolio. Moreover, Regions Finance Corp has 0.01% invested in Freeport-McMoRan Inc (NYSE:FCX) for 74,304 shares. Brick & Kyle Associate accumulated 1,600 shares. Wellington Shields And Ltd Liability Corporation holds 0.09% of its portfolio in Freeport-McMoRan Inc (NYSE:FCX) for 13,600 shares. Mesirow Financial Invest Management stated it has 0.03% in Freeport-McMoRan Inc (NYSE:FCX). Carroll Associates stated it has 7,543 shares. Advisors Asset Management Inc holds 48,249 shares or 0.01% of its portfolio. Qs Investors Llc reported 0% in Freeport-McMoRan Inc (NYSE:FCX). Blackrock Lc holds 1.11 million shares or 0.01% of its portfolio. Charter owns 13,181 shares for 0.02% of their portfolio. Blackrock Investment Ltd holds 2.82M shares or 0.04% of its portfolio. Teachers Retirement System Of The State Of Kentucky has 0.02% invested in Freeport-McMoRan Inc (NYSE:FCX) for 142,974 shares. The California-based Baker Avenue Asset Lp has invested 0.05% in Freeport-McMoRan Inc (NYSE:FCX).