Vanguard Natural Resources, LLC is focused on the acquisition and development of oil and natural gas properties in the United States. However brokerage recommendations suggests an ABR of 3.00 based on calls of 6 experts, where 0 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 4 suggest Hold, 1 are rating the stock as Sell while 0 as Strong Sell. Zacks Investment Research raised shares of Vanguard Natural Resources from a hold rating to a buy rating and set a $1.50 price target for the company in a research report on Wednesday, July 6th. VNR has recorded a 50-day moving average of $1.47 and two hundred day moving average of $1.58.
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Vanguard Natural Resources, LLC with TICKER NASDAQ:VNR has had its stock rating noted as “Downgrade” with the recommendation being set at “SELL” yesterday by analysts at Stifel. These analysts have also projected a Low Estimate of $-0.09/share and a High Estimate of $0.28/share. The company reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.11. For the next 5 years, Vanguard Natural Resources LLC is expecting Growth of 34.3% per annum, whereas in the past 5 years the growth was -24.01% per annum. Now the company has earned “Buy” from 2 equity analysts. For the current quarter the stock has a lowest EPS estimates of $ -0.09 and high estimate of $0.28. The number of shares now owned by investors are 131.08 mln. The latest trading activity showed that the WebMD Health Corp price went down -27.43% from its 52-week low and trades up 30.48% versus its 52-week high.
The appointment follows similar moves by other oil and gas companies, including California Resources Corp and Chesapeake Energy Corp, to rejigger their balance sheets to survive a two-year downturn in commodities prices. For the current year the company has fixed $ 486.4M revenues, as per the opinion of 5 analysts. Current price level places the company’s stock about -28.69% from the 52-week high and 354% away from the 52-week low.
Vanguard Natural Resources, LLC (NASDAQ:VNR) is expected to release the earnings of its current quarter on 11/1/16.
Vanguard Natural Resources LLC closed its last trading session at $1.3 with the loss of -7.69%. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -11.28% where SMA50 and SMA200 are -21.09% and -35.08% respectively. However the company’s price to cash per share for most recent quarter stands at 5.04. Barclays PLC now owns 108,804 shares of the company’s stock valued at $153,000 after buying an additional 1,235,980 shares during the period.
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While looking at the Stock’s Performance, Vanguard Natural Resources LLC now shows a Weekly Performance of -11.76%, where Monthly Performance is -25%, Quarterly performance is -4.76%, 6 Months performance is -23.08% and yearly performance percentage is -86.67%.
