Yesterday Zacks published it's value stock alert yesterday and expects MPO to reach $5.166
Midstates Petroleum Company, Inc. (NYSE:MPO) has scored a place in the list of firms having top value style score. This firm list is prepared by Zacks Research after analyzing numerous factors related to the firm. These stocks have mostly awarded investors, with robust returns.
Value investor always wants to invest in stocks that come in the list of undervalued stocks. These are the stocks that tend to trade at a much lower price against financial figures. Value stocks are decided by looking for low price to book ratio. Also, the stocks, with low price to earnings ratio makes a place in the list of undervalued stocks. Along with financial factors, investors follow analysts’ stock views to take an investment decision. As per them, Midstates Petroleum Company, Inc. (NYSE:MPO) has rating of 2.33, and strongly represents the market consensus of firms included in Zacks Research poll.
Zacks rating system follows giving a rating on a 1 to 5 scale where inclination towards sell increases as rating shifts from 1 to 5. The research companies now expect the stock to reach $5.166 in coming fiscal. This estimate is based on the stock view of 3 analysts.
The target price range of stock is set in a range of $4 to $6 for coming year. Also, the EPS estimate is set at $-6.39 in the financial report scheduled to release on 2016-03-21. For the quarter ended 2015-09-30, the EPS came at -0.95, revealing a surprise factor of 71.47%
