Published: Sat, January 13, 2018
Industry | By Terrell Bush

Stock's Buzzers: Cypress Semiconductor Corporation (CY), Patterson-UTI Energy Inc. (PTEN)

Stock's Buzzers: Cypress Semiconductor Corporation (CY), Patterson-UTI Energy Inc. (PTEN)

Shares of CMCSA have increased 13.84% in the past three monthswhile the S&P 500 has gained 2.1% in that time. (NYSE:PNC) has risen 35.14% since January 12, 2017 and is uptrending. It has outperformed by 105.47% the S&P500.

Glg Partners Lp increased Patterson Uti Energy Inc (PTEN) stake by 250.62% reported in 2017Q3 SEC filing. Encompass Capital Advisors Llc sold 403,712 shares as the company's stock declined 16.81% while stock markets rallied. The institutional investor held 226 shares of the energy company at the end of 2017Q3, valued at $5,000, down from 87,038 at the end of the previous reported quarter. (PTEN) has a market cap of $5.48 billion and over the last 12 months, Patterson-UTI Energy, Inc.

NASDAQ:PTEN) shares were trading higher by 3.74 percent ($0.89) at $24.7 a piece in Thursday's session. WTI's return on equity of -11.70% is worse than the Oil & Gas Drilling & Exploration industry average.

Patterson-UTI Energy, Inc. has a 52 week low of $11.81 and a 52 week high of $29.56. It has outperformed by 22.83% the S&P500.

For this year, Patterson-UTI Energy, Inc. (NASDAQ:PTEN) to report $-0.08 EPS on February, 8.They anticipate $0.45 EPS change or 84.91% from last quarter's $-0.53 EPS.

Cypress Semiconductor Corporation (CY) reported its last quarterly earnings on 9/29/2017 where the firm reported its Actual EPS of $0.27/share against the analyst consensus estimate of $0.23/share.

Currently, 0.60% of Patterson-UTI Energy, Inc. Therefore 71% are positive. PNC Financial Services Group Inc. raised its holdings in Patterson-UTI Energy by 11.7% in the 2nd quarter.

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Patterson-UTI Energy, Inc is an oilfield services company. Jefferies maintained the shares of PTEN in report on Thursday, July 13 with "Buy" rating. Credit Suisse maintained the shares of PTEN in report on Friday, September 4 with "Neutral" rating. The firm has "Buy" rating by RBC Capital Markets given on Friday, September 1. Patterson-UTI Energy Inc had 96 analyst reports since July 28, 2015 according to SRatingsIntel. Howard Weil downgraded the shares of PTEN in report on Monday, March 28 to "Sector Perform" rating. Cowen & Co has "Outperform" rating and $23 target. As per Wednesday, October 14, the company rating was maintained by Keefe Bruyette & Woods. The firm has a market capitalization of $5,490.00, a price-to-earnings ratio of -15.94 and a beta of 1.08.

Investors sentiment decreased to 0.69 in Q3 2017. The company has a quick ratio of 1.16, a current ratio of 1.23 and a debt-to-equity ratio of 0.17.

Several other institutional investors have also sold shares of the company. Atlanta Capital Management Co L L C, a Georgia-based fund reported 3.55 million shares. Investors of record on Thursday, December 7th were issued a dividend of $0.02 per share. Patterson-UTI Energy has an average rating of "Buy" and a consensus target price of $27.40. Schwab Charles Investment Management Inc. now owns 609,049 shares of the oil and gas company's stock worth $12,297,000 after buying an additional 12,593 shares during the period. Terril Brothers Inc, Missouri-based fund reported 81,679 shares. Glg Prtnrs Ltd Partnership reported 9,457 shares.

COPYRIGHT VIOLATION WARNING: "Patterson-UTI Energy (PTEN) Earns News Impact Rating of 0.19" was originally reported by Week Herald and is owned by of Week Herald. Lazard Asset Management Limited Company invested 0.02% in Crown Castle International Corp. Cowen & Co maintained Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Nationwide Fund Advisors accumulated 0.03% or 412,883 shares. 110,539 are held by Valueworks Ltd Com. Sterling Cap Management Ltd Liability Com stated it has 82,108 shares. (NASDAQ:PTEN) is performing 7.34%. The Michigan-based World Asset Management Inc has invested 0.01% in Patterson-UTI Energy, Inc. Van Eck Associates holds 1.09% or 10.18 million shares.

Chilton Capital Management Llc, which manages about $1.18 billion and $1.04 billion US Long portfolio, decreased its stake in Waters Corp (NYSE:WAT) by 3,069 shares to 6,667 shares, valued at $1.20M in 2017Q3, according to the filing. 3,800 were accumulated by Old Mutual Customised Solutions (Proprietary) Ltd. Teacher Retirement Sys Of Texas accumulated 1.21M shares. Virginia Retirement Et Al owns 726,158 shares or 0.84% of their U.S. portfolio. (NASDAQ:PTEN) for 55,000 shares.

Among 5 analysts covering Hudbay Minerals Inc (NYSE:HBM), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 86% are positive. Patterson-UTI Energy has a twelve month low of $14.83 and a twelve month high of $29.76. The rating was maintained by Cowen & Co with "Hold" on Monday, July 17. Wells Fargo maintained Comcast Corporation (NASDAQ:CMCSA) on Monday, October 23 with "Buy" rating. The rating was upgraded by JP Morgan to "Overweight" on Tuesday, September 5. The rating was maintained by Piper Jaffray with "Buy" on Thursday, July 27. The stock has "Buy" rating by SunTrust on Wednesday, October 18. The firm purchased 8,574 shares of the company's stock, valued at approximately $231,000. The firm has "Buy" rating given on Monday, August 21 by Needham. They set a "buy" rating and a $25.00 target price for the company. (NASDAQ:JBHT) to report earnings on January, 18. After $0.60 actual EPS reported by Tower Semiconductor Ltd. for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.

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