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SilverBow Resources Inc. (SBOW): The stock’s intermediate-term indicators point to Buy today

How have the shares performed?

SilverBow Resources Inc. (SBOW) saw an uptrend of 11.84% in the recent trading with $16.25 being its most recent. The current price level -4.36% lower than the highest price of $16.99 marked by the stock while trading over the past 52-weeks, whereas it is 431.05% higher than the lowest price of $3.06 the company dropped to over past 52-weeks. The latest news story on SBOW appeared in Zacks under the title “Weekly Natural Gas Futures End Flat After In-Line EIA Data” on May-17-21.


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Squeezing the time span to 30 day period shows us the stock is currently trading -4.36% below one month high and is +113.82% above of the lowest during that time. Looking into the simple moving average, SilverBow Resources Inc. (SBOW)’s stock stands at a SMA-50 of $9.35 while that of 5-day is reading $15.28.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and SBOW’s SMA-200 as of now is $6.33.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.50 for the stock.

SilverBow Resources Inc. Earnings – What Happened With SBOW

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. SilverBow Resources Inc. (SBOW) last released financial results for the quarter that ended 3/30/2021, posting a surprise factor of 18.50% for net revenue. During the reported three-month period, company’s sales were $86.74 billion while analysts on average were estimating the same to be $63.0 million.

SBOW – SilverBow Resources Inc. Stock Earnings Estimates

The perspective of SilverBow Resources Inc. (NYSE:SBOW)’s current quarter earnings identifies that analysts are in consensus over the estimate of 1.62 for stock’s EPS in the current quarter. 2 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was 1.92.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 12.03 million. SBOW does have institutional investors; and they hold 75.00% of the stock.

SilverBow Resources Inc. – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 8 new insider purchases involving 51,000 shares. On the other hand, SBOW declared 77,480 shares have been sold in 18 insider transactions over the past three months.

As on Mar 30, 2021, Strategic Value Partners, LLC was the top most holder in SilverBow Resources Inc. (NYSE:SBOW) with an ownership of 4.48 million shares of the company or 36.70% of the stake worth $34.83 million. The filing also reveals Dimensional Fund Advisors LP as the second largest holder in the company with a control over 3.48% of the outstanding shares. Its stake is worth $3.3 million for having 0.42 million shares in hand.

Vanguard Group, Inc. (The) also came holding a key position in the company during the recent quarter and it now holds 2.12% of the outstanding shares. With this there are now 60 institutions which have possession in SBOW’s shares.

Currently, the stock has been recommended as Moderate Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.50 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by SilverBow Resources Inc. was 0.60 while posting a debt to equity ratio of 3.29. The count was 467.80 for long-term debt to equity ratio.

SilverBow Resources Inc.’s return on equity, or ROE, is -291.10%, compared to the industry average of -4.55% for Energy – Oil & Gas E&P. Although this indicates that SBOW fails to use its equity well, the metric will vary significantly depending on the industry.

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