Analyst Ratings For Pioneer Natural Resources

In the preceding three months, 8 analysts have released ratings for Pioneer Natural Resources PXD, presenting a wide array of perspectives from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $270.62, a high estimate of $290.00, and a low estimate of $237.00. Observing a 8.81% increase, the current average has risen from the previous average price target of $248.71.

Understanding Analyst Ratings: A Comprehensive Breakdown

The standing of Pioneer Natural Resources among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Pioneer Natural Resources. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Pioneer Natural Resources compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for Pioneer Natural Resources's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Pioneer Natural Resources's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Pioneer Natural Resources analyst ratings.

About Pioneer Natural Resources

Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2022, Pioneer's proven reserves were 2.4 billion barrels of oil equivalent with net production for the year of 650 mboe per day. Oil and natural gas liquids represented 79% of production.

Pioneer Natural Resources: Delving into Financials

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Revenue Challenges: Pioneer Natural Resources's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -1.89%. This indicates a decrease 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 below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 24.92%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Pioneer Natural Resources's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 5.51%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Pioneer Natural Resources's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 3.47%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Pioneer Natural Resources's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.23.

Analyst Ratings: What Are They?

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.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.