PEDEVCO Corp. (NYSE:PED – Free Report) – Equities research analysts at Roth Capital boosted their Q3 2024 EPS estimates for PEDEVCO in a note issued to investors on Tuesday, June 18th. Roth Capital analyst J. White now expects that the company will post earnings of $0.02 per share for the quarter, up from their prior estimate of $0.01. The consensus estimate for PEDEVCO’s current full-year earnings is $0.03 per share. Roth Capital also issued estimates for PEDEVCO’s Q4 2024 earnings at $0.01 EPS and FY2024 earnings at $0.05 EPS.
PEDEVCO (NYSE:PED – Get Free Report) last announced its quarterly earnings data on Wednesday, May 15th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. The company had revenue of $8.12 million during the quarter, compared to analysts’ expectations of $6.47 million. PEDEVCO had a net margin of 3.99% and a return on equity of 1.31%.
Check Out Our Latest Research Report on PED
PEDEVCO Price Performance
Shares of NYSE:PED opened at $0.83 on Friday. The business has a 50-day moving average of $0.93 and a two-hundred day moving average of $0.82. The firm has a market capitalization of $74.18 million, a PE ratio of 85.14 and a beta of 0.54. PEDEVCO has a 12 month low of $0.61 and a 12 month high of $1.13.
PEDEVCO Company Profile
PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. It holds interests in the Permian Basin asset covering an area of approximately 22,721 net acres located in New Mexico; and D-J Basin asset covering an area of approximately 19,214 net acres located in Wyoming.
Read More
- Five stocks we like better than PEDEVCO
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Dell and Super Micro Computer: Musk’s Favorite AI Hardware Stocks
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Top 3 Home Builder Stocks: Key Insights into the Housing Market
- How Investors Can Find the Best Cheap Dividend Stocks
- Is Advanced Micro Devices Stock Ready for Another Run?
Receive News & Ratings for PEDEVCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PEDEVCO and related companies with MarketBeat.com's FREE daily email newsletter.