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Main » Memorial Production Partners LP (NASDAQ:MEMP) Quarterly EPS Review

Memorial Production Partners LP (NASDAQ:MEMP) Quarterly EPS Review

29 December 2016

Memorial Production Partners LP (MEMP) ended last trading session with a change of -14.24 percent. That resulted in a significant rise in its leverage over recent quarters and a fall in its liquidity position. The average 12-month price target among analysts that have issued a report on the stock in the previous year is $2.58.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 4 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. Out of the pool of analysts 1 gave their BUY ratings on the stock in previous month. Average sales estimate is measured after the consensus analysis of 3 Analysts. Memorial Production Partners LP has an EPS ratio of -1.75. When we look at the Volatility of the company, Week Volatility is at 22.80% whereas Month Volatility is at 22.30%.

During last one month it showed the change of -53.65%.

Many analysts have provided their estimated foresights on Memorial Production Partners LP Earnings, with 4 analysts believing the company would generate an Average Estimate of $-0.13.

Net loss of $18.2 million, or $0.24 per diluted share, compared with net loss of $8.1 million, or $0.11 per diluted share, in the third quarter of 2015.

Sales Estimates: Wall Street Analysts are estimating average sales of $107.80M for current quarter (Quarter Ending Dec-16). This estimate is provided by 3 analysts. According to their observations and findings, the stock could provide a high EPS of $0.92/share and a Low EPS of $0.79/share. The Company expected to announce next earnings approximately $-0.13 per share.

For the Current Quarter, the growth estimate for Memorial Production Partners LP is -115.5%, while for the Next Quarter the stock growth estimate is 102.2%.

Beta is also an important valuation ratio for analyzing the stock of the company, 13 has Beta of 1.13 while its industry and Sector's beta remains at 0.98 and 0.91 respectively. While for the next 5 years, the growth estimate is -68.2%. Finally, Stifel Nicolaus cut shares of Memorial Production Partners from a "hold" rating to a "sell" rating in a research note on Monday, October 31st. The company recent traded volume was higher than its average volume of 1.73 million shares.

3 Insider Sales transactions were made totaling 5360910 shares traded.

Memorial Production Partners LP (NASDAQ:MEMP) is now showing -115.5% EPS growth this Quarter. Recently, MEMP's stock has been recommended as BUY from 0 and 0 given OVERWEIGHT rating for the company. The highest achievable sales estimated by the analysts are $117.97M while lowest reachable sales target of $73.20M calculated by analysts. The share price of $0.16 is at a distance of 6 percent from its 52-week low and down -94.88 percent versus its peak. The stock has Return on Assets (ROA) of -5.4 percent. The company now has a Return on Equity (ROE) of -27.40% and a Return on Investment (ROI) of -10.60%. The stock has a 1-month performance of 59.54 percent and is -29.15 percent year-to-date as of the recent close. The Beta for the company stands at 1.29 and its Average True Range (ATR) shows a value of 0.1.

Devon Energy Corporation's (DVN) price volatility for a month noted as 3.19% however its price volatility for a week documented as 1.99%.