At the time of writing, HighPeak Energy Inc [HPK] stock is trading at $15.71, up 9.55%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HPK shares have gain 10.71% over the last week, with a monthly amount glided 2.21%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
HighPeak Energy Inc [NASDAQ: HPK] stock has seen the most recent analyst activity on April 24, 2023, when Truist initiated its Sell rating and assigned the stock a price target of $10. Previously, ROTH Capital started tracking the stock with Buy rating on November 09, 2021, and set its price target to $26.40. On July 22, 2021, Seaport Global Securities initiated with a Buy rating and assigned a price target of $15 on the stock.
For the past year, the stock price of HighPeak Energy Inc fluctuated between $10.44 and $18.42. HighPeak Energy Inc [NASDAQ: HPK] shares were valued at $15.71 at the most recent close of the market.
Analyzing the HPK fundamentals
According to HighPeak Energy Inc [NASDAQ:HPK], the company’s sales were 1.18B for trailing twelve months, which represents an 28.58% jump. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.38%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.12 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.07 points at the first support level, and at 14.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.09, and for the 2nd resistance point, it is at 16.46.
HighPeak Energy Inc [HPK] reported earnings per share of $0.37 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.37/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $0.66 per share as compared to estimates of $0.65 per share, a difference of $0.01 representing a surprise of 1.50%.
Ratios To Look Out For
It is important to note that HighPeak Energy Inc [NASDAQ:HPK] has a current ratio of 1.04. As well, the Quick Ratio is 1.00, while the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 1.72, the price to book ratio is 1.30 and price to earnings (TTM) ratio is 12.81.
Transactions by insiders
Recent insider trading involved Hollis Michael L., President, that happened on Nov 18 ’33 when 9256.0 shares were purchased. Chief Executive Officer, HIGHTOWER JACK completed a deal on Dec 29 ’23 to buy 50000.0 shares. Meanwhile, Chief Executive Officer HIGHTOWER JACK bought 0.1 million shares on Dec 28 ’23.
