Pioneer Natural Resources Company (NYSE: PXD) is 6.55% higher on its value in year-to-date trading and has touched a low of $48.62 and a high of $159.01 in the current 52-week trading range. The PXD stock was last observed hovering at around $113.48 in the last trading session, with the day’s gains setting it 7.87% off its average median price target of $130.00 for the next 12 months. It is also 30.66% off the consensus price target high of $175.00 offered by 31 analysts, but current levels are -14.48% lower than the price target low of $106.00 for the same period.
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Currently trading at $121.35, the stock is 6.83% and 20.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.02 million and changing 6.94% at the moment leaves the stock 29.52% off its SMA200. PXD registered -23.25% loss for a year compared to 6-month gain of 26.31%. The firm has a 50-day simple moving average (SMA 50) of $108.87 and a 200-day simple moving average (SMA200) of $97.80.
The stock witnessed a 15.19% loss in the last 1 month and extending the period to 3 months gives it a 35.86%, and is 9.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.36% over the week and 4.15% over the month.
Pioneer Natural Resources Company (PXD) has around 3149 employees, a market worth around $20.07B and $7.65B in sales. Current P/E ratio is 116.12 and Fwd P/E is 22.32. Profit margin for the company is 2.20%. Distance from 52-week low is 149.59% and -23.68% from its 52-week high. The company has generated returns on investments over the last 12 months (8.50%).
Pioneer Natural Resources Company (PXD) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Pioneer Natural Resources Company (PXD) is a “Buy”. 31 analysts offering their recommendations for the stock have an average rating of 1.70, where 2 rate it as a Hold and 3 think it is a “Overweight”. 26 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Pioneer Natural Resources Company is expected to release its quarterly report on 05/11/2021 and quarterly earnings per share for the current quarter are estimated at $0.63 with sales reaching $926M over the same period.The EPS is expected to shrink by -20.80% this year, but quarterly earnings will post -26.80% year-over-year. Quarterly sales are estimated to shrink -31.40% in year-over-year returns.
Pioneer Natural Resources Company (PXD) Top Institutional Holders
933 institutions hold shares in Pioneer Natural Resources Company (PXD), with 1.33M shares held by insiders accounting for 0.81% while institutional investors hold 93.75% of the company’s shares. The shares outstanding are 165.00M, and float is at 163.10M with Short Float at 3.59%. Institutions hold 93.00% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 18.35 million shares valued at $1.58 billion. The investor’s holdings represent 11.16% of the PXD Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 16.09 million shares valued at $1.38 billion to account for 9.79% of the shares outstanding. The other top investors are State Street Corporation which holds 9.82 million shares representing 5.97% and valued at over $844.02 million, while JP Morgan Chase & Company holds 4.90% of the shares totaling 8.05 million with a market value of $692.59 million.
Pioneer Natural Resources Company (PXD) Insider Activity
The most recent transaction is an insider sale by Grillot Larry R., the company’s Director. SEC filings show that Grillot Larry R. sold 500 shares of the company’s common stock on Dec 17 at a price of $114.24 per share for a total of $57118.0. Following the sale, the insider now owns 11723.0 shares.
Pioneer Natural Resources Company disclosed in a document filed with the SEC on Dec 15 that CHEATWOOD CHRIS J (EVP, Field Development & Emerg) sold a total of 6,728 shares of the company’s common stock. The trade occurred on Dec 15 and was made at $116.29 per share for $0.78 million. Following the transaction, the insider now directly holds 39298.0 shares of the PXD stock.
Still, SEC filings show that on Dec 07, Hall Jerome D JR (EVP, Operations) disposed off 1,000 shares at an average price of $111.25 for $0.11 million. The insider now directly holds 44,150 shares of Pioneer Natural Resources Company (PXD).
Pioneer Natural Resources Company (PXD): Who are the competitors?
The company’s main competitors (and peers) include Apache Corporation (APA) that is trading -36.90% down over the past 12 months. EOG Resources Inc. (EOG) is -39.03% down on the 1-year trading charts. Short interest in the company’s stock has risen 1.54% from the last report on Nov 12, 2020 to stand at a total of 5.76 million short shares sold with a short interest ratio of 2.99.