Northern Oil and Gas Inc (NYSE:NOG) currently has a daily average trading volume of 2.01M but it saw 1403756 shares traded in last market. With a market cap of 2.65B USD, the company’s current market price of $26.84 came falling about -0.22 while comparing to the previous closing price of $26.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.31 and as low as $19.88.
Mizuho downgraded its recommendation for the stock as a “Neutral” from “Outperform” on December 16, 2024 while assigning a price target of $47. RBC Capital Mkts also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $43 and $45.
Over the week, NOG’s stock price is moving -6.61% down while it is 14.55% when we observe its performance for the past one month. Year-to-date it is -27.77% down and over the past year, the stock is showing a downside performance of -33.96%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 1.06 while estimate for next year EPS is 4.46. In next quarter, company is expected to be making quarterly sales of $554.49M as analysts are expecting the sales for current fiscal year at $2.28B and seeing the company making $2.19B in sales next year. Moreover, analysts are in estimates of $560.71M for current-quarter revenue.
Currently, Northern Oil and Gas Inc’s total number of outstanding shares is 98.70M with 7.55% of that held by the insiders while 117.06% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 13.74% and return on equity (ROE) at 29.41%. It has a price to earnings ratio (P/E ratio) of 4.18 while having a 7.27 of forward P/E ratio. Stock’s beta reads 1.54. Stock has a price to book (P/B) ratio of 1.10 while price to sale or P/S ratio amounts to 1.20. Its return on asset (ROA) is 12.57% on average.
