SRC Energy stock: buy or sell?
January 14th, 2020
SRC Energy Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids primarily in the Denver-Julesburg Basin of Colorado.
Should I buy SRC Energy stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with SRC Energy stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is SRC Energy stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't find any rating for SRCI stock for the last 30 days.
SRC Energy stock analysis
SRC Energy fell a tragic -2.20% and closed at $4.00.
Shares of SRC Energy fell a tragic -2.20% and closed at $4.00. Since September when SRCI stock price broke down the SMA200d line, it slid $-0.96 per share (-19.35%).
After sliding a scary -8.52% in a week early January, SRC Energy closed this week at $4.00 and stayed constant a neutral 0.25%. Late December 2019 SRCI skyrocketed a super good 7.39% in just one week.
In a weekly time frame, SRC Energy stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, SRCI might consolidate in a flat-base, waiting to break out over or down under .
SRC Energy stock price history
SRC Energy stock went public on February 27th, 2008 with a price of $5.001. Since then, SRCI stock lost a -20.00%, with a yearly average of -1.70%.
1: Adjusted price after possible price splits or reverse-splits.
SRC Energy stock historical price chart
SRCI stock reached 52-week highs on April at $6.99, and all-time highs 2014-06-25 with a price of 14.11.
SRC Energy stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' SRCI stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price prediction for SRC Energy stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, SRC Energy reported its latest financial data, posting a fine climb for the Earnings per Share (EPS) ratio. Analyst expected $0.28 per share, but SRC Energy posted $0.30.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, SRC Energy annual revenues skyrocketed an astounding 78.10% to $645.64 M USD from $362.52 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) remained constant a 0.97% to 40.27%.
|2013||$46 M||-||$9.58 M20.7%||-|
|2014||$104 M||125.49%||$29 M27.7%||201.15%|
|2015||$125 M||19.79%||$18 M14.5%||-37.46%|
|2015||$34 M||-72.66%||$-122.93 M-360.1%||-781.37%|
|2016||$107 M||213.87%||$-219.19 M-204.6%||78.30%|
|2017||$363 M||238.33%||$142 M39.3%||-165.00%|
|2018||$646 M||78.10%||$260 M40.3%||82.49%|
Quarterly financial resultsSRC Energy posted $190.34 M in sales for 2018-Q4, a 18.24% up compared to previous quarter. Reported quarter income marked $81.97 million with a profit margin of 43.07%. Profit margin raised a 4.16% compared to previous quarter when profit margin was 38.90%. When comparing turnover to same quarter last year, SRC Energy sales marked an exceptional increase and climbed a 35.87%. Looking back to recent quarterly results, SRC Energy posted 2 negative quarters in a row.
|2017-Q2||$75 M||-||$28 M37.2%||-|
|2017-Q3||$104 M||38.05%||$44 M42.3%||56.94%|
|2017-Q4||$140 M||35.24%||$51 M36.3%||15.90%|
|2018-Q1||$147 M||5.09%||$66 M44.7%||29.47%|
|2018-Q2||$147 M||-0.10%||$50 M33.7%||-24.58%|
|2018-Q3||$161 M||9.44%||$63 M38.9%||26.21%|
|2018-Q4||$190 M||18.24%||$82 M43.1%||30.89%|
|2019-Q1||$189 M||-0.47%||$50 M26.3%||-39.31%|
SRC Energy ownershipWhen you are planning to buy a stock, it's worth to review its ownership structure.
SRC Energy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
The following table compares ownership indicators for other stocks related to SRC Energy:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
SRC Energy summary
|Tuesday, January 14th, 2020|
|Day range||$3.94 - $4.09|
|Average true range||$0.18|
|50d mov avg||$3.88|
|100d mov avg||$4.12|
|200d mov avg||$4.56|
SRC Energy performanceTo measure stock performance is always good to benchmark with competitors or related stocks. We picked as the bechmarking frame for SRC Energy stock.