News coverage about Bill Barrett (NYSE:BBG) has trended positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bill Barrett earned a daily sentiment score of 0.33 on Accern’s scale. Accern also gave news articles about the energy company an impact score of 45.2554750554003 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
BBG has been the subject of a number of recent research reports. Seaport Global Securities reissued a “neutral” rating on shares of Bill Barrett in a research report on Tuesday, December 19th. ValuEngine downgraded Bill Barrett from a “sell” rating to a “strong sell” rating in a research report on Sunday, December 31st. Zacks Investment Research downgraded Bill Barrett from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Imperial Capital raised Bill Barrett from an “in-line” rating to an “outperform” rating and set a $9.00 target price for the company in a research report on Monday, February 5th. Finally, SunTrust Banks initiated coverage on Bill Barrett in a research report on Friday, March 2nd. They issued a “buy” rating and a $7.00 target price for the company. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $6.48.
NYSE:BBG opened at $4.84 on Wednesday. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 1.03. Bill Barrett has a 1 year low of $2.66 and a 1 year high of $6.93.
Bill Barrett (NYSE:BBG) last posted its quarterly earnings results on Tuesday, February 27th. The energy company reported $0.01 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.04. Bill Barrett had a negative return on equity of 5.27% and a negative net margin of 54.67%. The firm had revenue of $83.40 million during the quarter, compared to analyst estimates of $82.50 million. During the same period last year, the company earned ($0.18) earnings per share. The business’s revenue for the quarter was up 61.6% on a year-over-year basis. equities research analysts anticipate that Bill Barrett will post 0.18 EPS for the current fiscal year.
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About Bill Barrett
Bill Barrett Corporation is an independent energy company that develops, acquires and explores for oil and natural gas resources. The Company’s assets and operations are located in the Rocky Mountain region of the United States. It has over two areas of production: The Denver-Julesburg Basin (DJ Basin) and the Uinta Oil Program in the Uinta Basin.
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