Taking on analysts’ expectations and winning: VOC Energy Trust (VOC)

VOC Energy Trust (NYSE: VOC) stock fell -17.42% on Monday to $10.81 against a previous-day closing price of $13.09. With 1.2 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.23 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $13.06 whereas the lowest price it dropped to was $10.08. The 52-week range on VOC shows that it touched its highest point at $13.70 and its lowest point at $5.31 during that stretch. With its current market cap of 176.53 million, VOC has annualized dividend of $1.27 while the current yield stands at 11.79%. Beta for the stock currently stands at 1.49.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VOC was down-trending over the past week, with a drop of -9.16%, but this was up by 20.24% over a month. Three-month performance surged to 30.40% while six-month performance rose 40.39%. The stock gained 92.35% in the past year, while it has gained 4.24% so far this year.


Float and Shares Shorts:

At present, 17.00 million VOC shares are outstanding with a float of 12.55 million shares on hand for trading. On Oct 13, 2022, short shares totaled 36300.0, which was 0.21% higher than short shares on Sep 14, 2022.

Institutional Ownership:

Through their ownership of 4.72% of VOC’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 3.29% of VOC, in contrast to 0.11% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in VOC with 0.59% of the stake, McGowanGroup Asset Management, In holds 99,575 shares worth 99,575. A second-largest stockholder of VOC, Navellier & Associates, Inc., holds 80,418 shares, controlling over 0.47% of the firm’s shares. Morgan Stanley Smith Barney LLC is the third largest shareholder in VOC, holding 62,000 shares or 0.37% stake. With a 0.07% stake in VOC, the Wilshire Mutual Funds – 5000 Inde is the largest stakeholder. A total of 11,347 shares are owned by the mutual fund manager. The AdvisorShares Dorsey Wright Micro, which owns about 0.02% of VOC stock, is the second-largest Mutual Fund holder. It holds 3,481 shares valued at 36098.0. Northern Small Cap Core Fund holds 0.02% of the stake in VOC, owning 2,500 shares worth 25925.0.


Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VOC since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With VOC analysts setting a high price target of $4.00 and a low target of $4.00, the average target price over the next 12 months is $4.00. Based on these targets, VOC could drop -63.0% to reach the target high and fall by -63.0% to reach the target low. Reaching the average price target will result in a decline of -63.0% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. VOC will report FY 2014 earnings on 03/11/2024. Analysts have provided yearly estimates in a range of $1.55 being high and $1.55 being low. For VOC, this leads to a yearly average estimate of $1.55. Based on analyst estimates, the high estimate for the next quarter is $0.25 and the low estimate is $0.25. The average estimate for the next quarter is thus $0.25.

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