Analyst Ratings for Laredo Petroleum Inc. (LPI)

Updated: 2017-07-28

Shares of Laredo Petroleum Inc. (NYSE:LPI) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for LPI last month.

A buy rating was issued by 9 analysts, 3 gave an overweight rating, 12 gave a hold rating, 1 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 2. During this time, the number of analysts bearish on the stock has decreased by 1.

A number of analysts gave price targets for LPI. The most optimistic analyst gave a price target of 21, implying a possible profit of 58.61 percent. The minimum price target given was 9, which equates to a potential downside of -32.02 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -4.17 percent. The average change in earnings estimates over the last 90 days is -7.69 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -9.3 percent. If we look at the last 90 days instead, we find a net average change of -12.5 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 5 analysts that decreased their estimates. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 9 analysts decreased their estimates.

In the last 52-weeks, LPI has achieved a high of 16.47 and a low of 9.30. Today's price is 42.37 percent above the 52-week low, and below the high by 19.61 percent. LPI has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The LPI value stock report compares LPI to some of its peers using value stock charts. The market cap of LPI is $3.13 billion. LPI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.