In the latest quarter, 4 analysts provided ratings for SilverBow Resources SBOW, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 3 | 0 | 1 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 2 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts have recently evaluated SilverBow Resources and provided 12-month price targets. The average target is $39.25, accompanied by a high estimate of $42.00 and a low estimate of $34.00. Highlighting a 1.88% decrease, the current average has fallen from the previous average price target of $40.00.
Decoding Analyst Ratings: A Detailed Look
A clear picture of SilverBow Resources's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Nitin Kumar | Mizuho | Raises | Buy | $42.00 | $40.00 |
Leo Mariani | Roth MKM | Announces | Buy | $41.00 | - |
Nitin Kumar | Mizuho | Announces | Buy | $40.00 | - |
Paul Diamond | Citigroup | Announces | Neutral | $34.00 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to SilverBow Resources. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of SilverBow Resources compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for SilverBow Resources's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of SilverBow Resources's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on SilverBow Resources analyst ratings.
If you are interested in following small-cap stock news and performance you can start by tracking it here.
Unveiling the Story Behind SilverBow Resources
SilverBow Resources Inc is an independent oil and gas company. The company is focused on acquiring and developing assets in the Eagle Ford Shale and Austin Chalk located in South Texas. The company's acreage position in each of its operating areas is highly contiguous and designed for optimal and efficient horizontal well development. Its reported oil and gas sales are comprised of revenues from oil, natural gas and natural gas liquids sales. Majority of revenue is generated from Webb County Gas field.
Understanding the Numbers: SilverBow Resources's Finances
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Positive Revenue Trend: Examining SilverBow Resources's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.57% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 86.33%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): SilverBow Resources's ROE stands out, surpassing industry averages. With an impressive ROE of 16.69%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): SilverBow Resources's ROA stands out, surpassing industry averages. With an impressive ROA of 7.85%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: SilverBow Resources's debt-to-equity ratio is below the industry average. With a ratio of 1.02, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyst Ratings: Simplified
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.