Revenue Approximations Analysis: RSP Permian, Inc. (RSPP), Oclaro, Inc. (OCLR)

Marco Green
November 14, 2017

The stock has a market cap of $6,022.02, a PE ratio of 62.25, a PEG ratio of 1.90 and a beta of 2.15. They now have a $52.00 price target on the oil and natural gas company's stock. It has a 30.72 P/E ratio. The value of the total investment in Rsp Permian Inc decreased from $303,855,000 to $85,494,000 decreasing 71.9% quarter to quarter. Rr Advisors Llc sold 17,000 shares as Rsp Permian Inc (RSPP)'s stock declined 5.27%. (NASDAQ:DGICA). New York State Common Retirement Fund holds 7,800 shares.

According to Zacks, "RSP Permian, engaged in the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves primarily in the Permian Basin of West Texas". Federated Invsts Pa accumulated 0.01% or 83,095 shares.

About 2.27 million shares traded or 10.19% up from the average.

RSP Permian (NYSE:RSPP) last released its quarterly earnings results on Monday, November 6th. It has outperformed by 9.12% the S&P500. They expect $0.25 earnings per share, up 150.00% or $0.15 from last year's $0.1 per share. After $0.18 actual earnings per share reported by RSP Permian Inc for the previous quarter, Wall Street now forecasts 38.89% EPS growth. Mutual of America Capital Management LLC now owns 59,028 shares of the oil and natural gas company's stock worth $1,905,000 after purchasing an additional 498 shares in the last quarter. Another trade for 17.25 million shares valued at $668.96 million was made by KAYNE RICHARD A on Wednesday, May 24. The stock of RSP Permian Inc (NYSE:RSPP) has "Outperform" rating given on Wednesday, August 24 by Wells Fargo. HUSEMAN KENNETH V bought 2,500 shares worth $93,175.

Rr Advisors Llc increased Enlink Midstream Llc (NYSE:ENLC) stake by 27,000 shares to 1.89M valued at $33.28M in 2017Q2. It also reduced Alphabet Inc () stake by 260,000 shares and now owns 315,000 shares. Voc Energy Trust (Call) was raised too.

Investors sentiment increased to 0.82 in Q2 2017. Its up 0.62, from 1.05 in 2017Q1. The shares were bought at an average price of $29.99 per share, for a total transaction of $299,900.00. Moody Aldrich Partners LLC raised its position in shares of RSP Permian by 167.1% in the second quarter. Goodwin Daniel L owns 10,000 shares for 0.15% of their portfolio. Tfs Cap Ltd Liability Corporation holds 0.07% or 11,335 shares in its portfolio. Bank of America Corporation began coverage on shares of RSP Permian in a report on Wednesday, July 19th. Raymond James Financial Svcs Advsrs Inc holds 19,733 shares or 0% of its portfolio. Sei Co reported 169,491 shares. The SI to Conifer Holdings Incorporated's float is 0.07%. The stock of RSP Permian Inc (NYSE:RSPP) has "Buy" rating given on Wednesday, December 2 by Deutsche Bank. Ellington Grp holds 0.04% of its portfolio in RSP Permian Inc (NYSE:RSPP) for 7,900 shares. Waddell & Reed Fincl stated it has 0.09% of its portfolio in RSP Permian Inc (NYSE:RSPP). Alliancebernstein LP accumulated 95,220 shares. Geneva Advisors LLC boosted its position in shares of RSP Permian by 3.2% during the 2nd quarter. Eagle Asset Mngmt has 3.17 million shares. Lyon Street Capital Limited Liability, a California-based fund reported 108,693 shares. Walleye Trading Ltd Liability reported 0.02% stake. Van Eck Assoc Corp holds 0.3% of its portfolio in RSP Permian Inc (NYSE:RSPP) for 1.71 million shares. Therefore 94% are positive. October 24 investment analysts at KeyCorp maintained a company rating of "Buy" projecting a price of $49.00. The rating was upgraded by UBS to "Buy" on Thursday, March 23. The company was maintained on Friday, September 1 by Stifel Nicolaus. RBC Capital Markets maintained it with "Buy" rating and $5500 target in Thursday, June 15 report. The rating was downgraded by Keefe Bruyette & Woods on Tuesday, December 20 to "Mkt Perform". Northland Capital maintained it with "Outperform" rating and $33 target in Tuesday, August 4 report. Barclays Capital reinitiated the shares of RSPP in report on Wednesday, April 26 with "Overweight" rating. The stock of DigitalGlobe Inc (NYSE:DGI) has "Equal-Weight" rating given on Tuesday, May 17 by Morgan Stanley. RSP Permian, Inc. has a 1 year low of $28.76 and a 1 year high of $46.92. (NASDAQ:DGICA) has risen 2.91% since November 14, 2016 and is uptrending. It has underperformed by 3.39% the S&P500. Teacher Retirement System of Texas now owns 9,670 shares of the oil and natural gas company's stock worth $312,000 after purchasing an additional 1,579 shares in the last quarter. Investment Counselors Of Maryland Llc owns 270,035 shares or 0.74% of their United States portfolio. BlackRock Inc. now owns 7,398,913 shares of the oil and natural gas company's stock valued at $306,537,000 after buying an additional 7,351,042 shares during the last quarter. The original version of this story can be read at One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the company. SFNC was included in 3 notes of analysts from October 26, 2016. The stock of Simmons First National Corporation (NASDAQ:SFNC) has "Sell" rating given on Tuesday, November 22 by Sandler O'Neill.

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