Pioneer Natural Resources Company (NYSE:PXD) stock went on a downward path that fall over -1.75% on Monday, amounting to a one-week price decrease of more than -7.17%. Over the last 12 months, PXD stock rose by 3.19%. The one-year PXD stock forecast points to a potential downside of -0.22, with the average price target set at $182.66 per share. The average equity rating for PXD stock is currently 1.80, trading closer to a bullish pattern in the stock market.
The market cap for PXD stock reached $24.77 billion, with 168.78 million shares outstanding and 164.10 million shares in the current float. Compared to the average trading volume of 1.49M shares, PXD reached a trading volume of 2098807 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Pioneer Natural Resources Company (PXD):
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PXD shares is $179.37 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PXD stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Scotia Howard Weil have made an estimate for Pioneer Natural Resources Company shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on November 13, 2019. The new note on the price target was released on October 10, 2019, representing the official price target for Pioneer Natural Resources Company stock. On May 08, 2019, analysts decreased their price target for PXD shares from 200 to 185.
The Average True Range (ATR) for Pioneer Natural Resources Company is set at 3.54, with the Price to Sales ratio for PXD stock in the period of the last 12 months amounting to 2.68. The Price to Book ratio for the last quarter was 2.07, with the Price to Cash per share for the same quarter was set at 3.48. Price to Free Cash Flow for PXD in the course of the last twelve months was 8.50 with Quick ratio for the last quarter at 0.70.
PXD stock trade performance evaluation
Pioneer Natural Resources Company (PXD) fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.17. With this latest performance, PXD shares gained by 7.78% in over the last four-week period, additionally plugging by 4.33% over the last 6 months – not to mention a rise of 3.19% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PXD stock in for the last two-week period is set at 49.14, with the RSI for the last a single of trading hit 41.90, and the three-weeks RSI is set at 54.14 for Pioneer Natural Resources Company (PXD). The present Moving Average for the last 50 days of trading for this stock 139.05, while it was recorded at 151.49 for the last single week of trading, and 140.11 for the last 200 days.
Pioneer Natural Resources Company (PXD): An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Pioneer Natural Resources Company (PXD) shares currently have an operating margin of +24.17 and a Gross Margin at +28.23. Pioneer Natural Resources Company’s Net Margin is presently recorded at +10.37.
Return on Total Capital for PXD is now 15.96, given the latest momentum, and Return on Invested Capital for the company is 6.96. Return on Equity for this stock inclined to 8.32, with Return on Assets sitting at 5.27. When it comes to the capital structure of this company, Pioneer Natural Resources Company (PXD) has a Total Debt to Total Equity ratio set at 18.86. Additionally, PXD Total Debt to Total Capital is recorded at 15.87, with Total Debt to Total Assets ending up at 11.99. Long-Term Debt to Equity for the company is recorded at 18.86, with the Long-Term Debt to Total Capital now at 15.87.
Reflecting on the efficiency of the workforce at the company, Pioneer Natural Resources Company (PXD) managed to generate an average of $306,264 per employee. Receivables Turnover for the company is 12.78 with a Total Asset Turnover recorded at a value of 0.51. Pioneer Natural Resources Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.80.
Earnings per share (EPS) analysis for Pioneer Natural Resources Company (PXD) stock
With the latest financial reports released by the company, Pioneer Natural Resources Company posted 1.18/share EPS, while the average EPS was predicted by analysts to be reported at 1.51/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -21.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PXD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Pioneer Natural Resources Company go to 27.20%.
Pioneer Natural Resources Company (PXD): Insider Ownership positions
There are presently around $21,744 million, or 90.20% of PXD stock, in the hands of institutional investors. The top three institutional holders of PXD stocks are: VANGUARD GROUP INC with ownership of 13,377,729, which is approximately 0.136% of the company’s market cap and around 0.60% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 11,949,091 shares of the stock with an approximate value of $1.79 billion in PXD stocks shares; and BLACKROCK INC., currently with $1.7 billion in PXD stock with ownership of nearly -0.781% of the company’s market capitalization.
Positions in Pioneer Natural Resources Company stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 301 institutional holders increased their position in Pioneer Natural Resources Company (NYSE:PXD) by around 11,134,667 shares. Additionally, 398 investors decreased positions by around 13,069,522 shares, while 109 investors held positions by with 121,338,661 shares. The mentioned changes placed institutional holdings at 145,542,850 shares, according to the latest SEC report filing. PXD stock had 54 new institutional investments in for a total of 1,792,813 shares, while 114 institutional investors sold positions of 4,025,635 shares during the same period.