Media stories about Parsley Energy (NYSE:PE) have been trending somewhat positive on Monday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Parsley Energy earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned press coverage about the oil and natural gas company an impact score of 47.3373274411837 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:

Several equities analysts have weighed in on the company. Morgan Stanley raised their price target on Parsley Energy from $30.00 to $35.00 and gave the company an “overweight” rating in a report on Wednesday, January 24th. Credit Suisse Group set a $38.00 price target on Parsley Energy and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. They noted that the move was a valuation call. Piper Jaffray Companies restated a “buy” rating and set a $41.00 price target on shares of Parsley Energy in a research report on Tuesday, January 9th. ValuEngine lowered Parsley Energy from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Finally, Robert W. Baird initiated coverage on Parsley Energy in a research report on Tuesday, December 19th. They set an “outperform” rating and a $33.00 price target for the company. Two research analysts have rated the stock with a sell rating, one has given a hold rating and twenty-three have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $38.86.

Shares of Parsley Energy (NYSE PE) traded down $0.66 on Monday, reaching $28.07. The company’s stock had a trading volume of 1,094,472 shares, compared to its average volume of 5,036,680. Parsley Energy has a 12 month low of $22.98 and a 12 month high of $36.40. The stock has a market cap of $9,032.34, a price-to-earnings ratio of 359.17, a PEG ratio of 0.94 and a beta of -0.05. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.92 and a quick ratio of 0.92.

Parsley Energy (NYSE:PE) last announced its quarterly earnings data on Tuesday, November 7th. The oil and natural gas company reported $0.12 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.02. The company had revenue of $241.02 million for the quarter, compared to analyst estimates of $234.58 million. Parsley Energy had a return on equity of 1.87% and a net margin of 3.22%. The firm’s revenue for the quarter was up 81.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.05 EPS. equities analysts predict that Parsley Energy will post 0.5 EPS for the current fiscal year.

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About Parsley Energy

Parsley Energy, Inc is a holding company. The Company is an independent oil and natural gas company. The Company focuses on the acquisition, development and exploitation of unconventional oil and natural gas reserves in the Permian Basin. The Permian Basin is located in West Texas and Southeastern New Mexico and includes three primary sub-areas: the Midland Basin, the Central Basin Platform and the Delaware Basin.

Insider Buying and Selling by Quarter for Parsley Energy (NYSE:PE)

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