The long-term trend of the EPS is a vital number as it helps understand the future potential of Laredo Petroleum. It is typically displayed as a percentage and called the EPS growth rate, which is 11.23%. EPS growth is a vital measure of execution of the strategy for Laredo Petroleum since it indicates how well the business is allocating resources to benefit shareholders.



Laredo Petroleum is part of the oil and gas exploration and production industry and is part of the energy sector. The company CEO is Randy A. Foutch. Laredo Petroleum Inc is an independent energy company. It is focused on the exploration, development and acquisition of oil and natural gas properties mainly in the Permian Basin in West Texas.

Previous Intraday Performance:

The LPI shares had a previous change of -7.41% which opened at 5.10 and closed at 4.75. It moved to an intraday high of 5.13 and a low of 4.72.

SeekingAlpha:  Laredo Petroleum: Reviewing Its Prospects With Lower Oil Prices

Historical Performance:

Over the last five trading days, LPI shares returned 0.85% and in the past 30 trading days it returned -17.53%. Over three months, it changed -43.92%. In one year it has changed -51.97% and within that year its 52-week high was 11.68 and its 52-week low was 4.35. LPI stock is 9.20% above its 52 Week Low.

Our calculations result in a 200 day moving average of 8.26 and a 50 day moving average of 6.06. Right now, LPI stock is trading -42.51% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Laredo Petroleum: Reviewing Its Prospects With Lower Oil Prices

Liquidity:

The company has a market cap of $1.1b with 233.9m shares outstanding and a float of 229.8m shares. Trading volume was 5,700,590 shares and has experienced an average volume of 6,423,469 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.

Earnings:

The last annual reported EPS for Laredo Petroleum was 2.3 which ended on 31st of December 2017, which according to the previous close, that is a PE of 2.07. Based on 7 analyst estimates, the consensus EPS for the next quarter is 0.30. The trailing twelve month EPS is 0.95, which comes to a trailing twelve month PE of 5.00.

Below was the last reported quarterly earnings per share:
09-30-2018:  0.27
06-30-2018:  0.25
03-31-2018:  0.24
12-31-2017:  0.19



Base on our calculations, the intrinsic value per share is 5.08, which means it might be undervalued and has a margin of safety of 6.52%

Indicators Also to Watch:

Based on the latest filings, there is 81.80% of institutional ownership. Short-interest was 26,288,418, which was 11.24% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.97. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

I calculated the beta to be 1.55

SeekingAlpha:  Insmed misses by $0.08

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 85.96%, return on assets is 26.74%, profit margin is 50.83%, price-to-sales is 1.06 and price-to-book is 1.18.

Company Score Card:

Results are out of six:
 5  : Growth Expectations Result
 2  : Financial Safety Result
 6  : Past Performance Result
 4  : Valuation Result
 0  : Dividend Safety Result
 4  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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