Analyst Ratings for Pioneer Natural Resources Co. (PXD)

Updated: 2017-07-28

Pioneer Natural Resources Co. (NYSE:PXD) was awarded an average rating of Buy from investment analysts following the stock. PXD had previously received a consensus rating of Buy a month ago.

34 analysts declared PXD a buy, 4 gave an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for PXD. The maximum price target given was 316, implying a possible profit of 95.77 percent. The most pessimistic price target was 140, implying potential capital losses of -13.26 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates downwards for this quarter, by about -40.15 percent on average, compared to last month. That number becomes -65.07 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -23 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -36.44 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 7 analysts have revised their quarterly estimates upwards in the past 30 days, while 10 analysts revised their estimates downwards. During this time, 6 analysts made positive revisions in their estimates for this fiscal year's earnings, while 11 analysts decreased their estimates.

PXD has traded between a high of 199.83 and a low of 153.10 over the past year. Today's price is 5.43 percent above the 52-week low, and 19.23 percent lower than its 52-week high. PXD has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The PXD value stock report compares PXD to some of its peers using value stock charts. The stock has a market capitalization of $27.88 billion. PXD's next earnings release will be on 0000-00-00, which is days away.