Rice Energy Inc (RICE) Analysts See $0.13 EPS

October 13, 2017 - By Winifred Garcia

 Rice Energy Inc (RICE) Analysts See $0.13 EPS
Investors sentiment decreased to 0.79 in Q2 2017. Its down 0.13, from 0.92 in 2017Q1. It turned negative, as 62 investors sold Rice Energy Inc shares while 76 reduced holdings. 47 funds opened positions while 62 raised stakes. 154.41 million shares or 13.71% less from 178.94 million shares in 2017Q1 were reported.
Tortoise Cap Advsrs Lc reported 0.07% stake. Winfield Associates Inc accumulated 80 shares. 3.85M are held by Price T Rowe Incorporated Md. Employees Retirement Systems Of Texas invested 0.04% in Rice Energy Inc (NYSE:RICE). Moreover, Morgan Stanley has 0.01% invested in Rice Energy Inc (NYSE:RICE) for 1.67M shares. Parametric Portfolio Ltd Company invested in 110,465 shares or 0% of the stock. Kames Public Ltd Llc accumulated 42,329 shares or 0% of the stock. 276,038 are owned by Invesco Limited. Putnam Investments Ltd Limited Liability Company reported 27,910 shares or 0% of all its holdings. Creative Planning has 1,941 shares. Moreover, Whetstone Capital Advisors Limited Liability Corp has 4.71% invested in Rice Energy Inc (NYSE:RICE) for 316,520 shares. Massachusetts-based Grantham Mayo Van Otterloo Company Ltd Llc has invested 0.41% in Rice Energy Inc (NYSE:RICE). Pacad Investment Limited invested 0.2% of its portfolio in Rice Energy Inc (NYSE:RICE). Lord Abbett & Limited Liability invested in 2.58M shares. Perella Weinberg L P invested in 1.13% or 345,548 shares.

Wall Street await Rice Energy Inc (NYSE:RICE) to release earnings on November, 1. The expected RICE’s profit could reach $27.67M giving the stock 53.13 P/E in the case that $0.13 earnings per share is reported. After posting $0.10 EPS for the previous quarter, Rice Energy Inc’s analysts now forecast 30.00 % EPS growth. About 3.42M shares traded. Rice Energy Inc (NYSE:RICE) has risen 14.59% since October 14, 2016 and is uptrending. It has underperformed by 2.11% the S&P500.

Rice Energy Inc (NYSE:RICE) Ratings Coverage

Among 27 analysts covering Rice Energy (NYSE:RICE), 10 have Buy rating, 0 Sell and 17 Hold. Therefore 37% are positive. Rice Energy had 86 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, October 6, the company rating was initiated by Mizuho. Deutsche Bank upgraded the stock to “Buy” rating in Monday, November 21 report. The firm earned “Hold” rating on Tuesday, June 20 by Stifel Nicolaus. The company was upgraded on Friday, December 16 by Goldman Sachs. Cowen & Co initiated Rice Energy Inc (NYSE:RICE) rating on Tuesday, July 21. Cowen & Co has “Outperform” rating and $26 target. RBC Capital Markets maintained Rice Energy Inc (NYSE:RICE) on Monday, October 3 with “Outperform” rating. The rating was maintained by Cowen & Co on Tuesday, July 18 with “Buy”. The stock has “Hold” rating by Jefferies on Thursday, October 5. The rating was maintained by Deutsche Bank on Wednesday, August 10 with “Hold”. The firm has “Buy” rating given on Tuesday, October 10 by BMO Capital Markets.

Rice Energy Inc. is an independent natural gas and oil company. The company has market cap of $5.88 billion. The Firm is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. It currently has negative earnings. The Firm conducts its activities through two divisions: Exploration and Production, and Midstream.

More recent Rice Energy Inc (NYSE:RICE) news were published by: Globenewswire.com which released: “Archrock, Inc. to Present at Johnson Rice Energy Conference” on September 25, 2017. Also Reuters.com published the news titled: “Hedge fund DE Shaw urges EQT to split after Rice Energy deal” on September 14, 2017. Reuters.com‘s news article titled: “Jana claims EQT-Rice Energy deal synergies ‘grossly exaggerated'” with publication date: September 20, 2017 was also an interesting one.

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