Carrizo Oil & Gas Inc (NASDAQ:CRZO) – Investment analysts at Capital One Financial increased their Q3 2019 earnings estimates for shares of Carrizo Oil & Gas in a note issued to investors on Thursday, February 7th. Capital One Financial analyst B. Velie now expects that the oil and gas producer will post earnings per share of $0.31 for the quarter, up from their previous forecast of $0.30. Capital One Financial currently has a “Equal Weight” rating on the stock. Capital One Financial also issued estimates for Carrizo Oil & Gas’ Q4 2019 earnings at $0.33 EPS, FY2019 earnings at $1.33 EPS and FY2020 earnings at $1.66 EPS.

A number of other research analysts have also recently commented on CRZO. Zacks Investment Research cut Carrizo Oil & Gas from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 8th. BidaskClub upgraded Carrizo Oil & Gas from a “sell” rating to a “hold” rating in a research note on Thursday, November 8th. Raymond James set a $21.00 price target on Carrizo Oil & Gas and gave the company a “buy” rating in a research note on Wednesday, January 23rd. ValuEngine cut Carrizo Oil & Gas from a “sell” rating to a “strong sell” rating in a research note on Thursday, November 1st. Finally, KeyCorp began coverage on Carrizo Oil & Gas in a research note on Thursday, January 31st. They issued an “overweight” rating and a $14.50 price target for the company. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the stock. Carrizo Oil & Gas currently has a consensus rating of “Hold” and a consensus price target of $25.58.

Shares of CRZO opened at $11.62 on Monday. Carrizo Oil & Gas has a 52 week low of $9.67 and a 52 week high of $31.57. The firm has a market capitalization of $1.09 billion, a PE ratio of 8.13 and a beta of 2.40. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.27 and a quick ratio of 0.27.

In related news, insider S P. Iv Johnson sold 8,000 shares of the firm’s stock in a transaction on Monday, December 17th. The stock was sold at an average price of $12.43, for a total transaction of $99,440.00. Following the completion of the transaction, the insider now directly owns 147,076 shares of the company’s stock, valued at approximately $1,828,154.68. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last ninety days, insiders have sold 24,000 shares of company stock valued at $341,440. 5.40% of the stock is owned by corporate insiders.

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. raised its position in shares of Carrizo Oil & Gas by 1.9% in the 4th quarter. BlackRock Inc. now owns 12,685,504 shares of the oil and gas producer’s stock worth $143,221,000 after acquiring an additional 236,180 shares in the last quarter. Vanguard Group Inc raised its position in shares of Carrizo Oil & Gas by 22.1% in the 3rd quarter. Vanguard Group Inc now owns 9,032,268 shares of the oil and gas producer’s stock worth $227,614,000 after acquiring an additional 1,633,508 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Carrizo Oil & Gas by 22.1% in the 3rd quarter. Vanguard Group Inc. now owns 9,032,268 shares of the oil and gas producer’s stock worth $227,614,000 after acquiring an additional 1,633,508 shares in the last quarter. LSV Asset Management raised its position in shares of Carrizo Oil & Gas by 1.1% in the 3rd quarter. LSV Asset Management now owns 4,127,585 shares of the oil and gas producer’s stock worth $104,015,000 after acquiring an additional 45,135 shares in the last quarter. Finally, Zimmer Partners LP bought a new position in shares of Carrizo Oil & Gas in the 3rd quarter worth about $76,860,000.

About Carrizo Oil & Gas

Carrizo Oil & Gas, Inc, together with its subsidiaries, engages in the exploration, development, and production of crude oil, natural gas liquids, and gas from resource plays primarily in the United States. The company holds interests in oil and gas plays, including Eagle Ford Shale in South Texas; and the Delaware Basin in West Texas.

Featured Story: Penny Stocks, What You Need To Know

Earnings History and Estimates for Carrizo Oil & Gas (NASDAQ:CRZO)

Receive News & Ratings for Carrizo Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carrizo Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.