Investors are on the edge of their collective seats, hoping that Swift Energy
What analysts say:
- Buy, sell, or hold?: Analysts strongly back Swift Energy, with 12 of 14 rating it a buy and the remainder rating it a hold. Analysts like Swift Energy better than competitor Carrizo Oil & Gas overall. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $141.2 million in revenue this quarter. That would represent a rise of 21.7% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.35 per share. Estimates range from $0.16 to $0.49.
What our community says:
CAPS All-Stars are strongly supporting the stock, with 90.8% assigning it an "outperform" rating. The community at large backs the All-Stars, with 90.4% giving it a rating of "outperform." Despite the majority sentiment in favor of Swift Energy, the stock has a middling CAPS rating of three out of five stars.
Swift Energy's profit has risen year-over-year by an average of 81% over the past five quarters. Revenue has now gone up for three straight quarters.
One final thing: If you want to keep tabs on Swift Energy movements, and for more analysis on the company, make sure you add it to your Watchlist.
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