Abraxas Petroleum
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Abraxas Petroleum's revenues will increase 14.5% and EPS will expand 200.0%.
The average estimate for revenue is $19.4 million. On the bottom line, the average EPS estimate is $0.03.
Revenue details
Last quarter, Abraxas Petroleum logged revenue of $16.4 million. GAAP reported sales were 18% higher than the prior-year quarter's $13.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.02. GAAP EPS were $0.01 for Q1 compared to -$0.12 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 54.7%, 730 basis points worse than the prior-year quarter. Operating margin was 7.9%, 6,990 basis points better than the prior-year quarter. Net margin was 5.0%, 7,730 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $80.5 million. The average EPS estimate is $0.11.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 737 members out of 769 rating the stock outperform, and 32 members rating it underperform. Among 106 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 96 give Abraxas Petroleum a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Abraxas Petroleum is buy, with an average price target of $5.43.
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