EPS for Calfrac Well Services Ltd. (CFW) Expected At $0.10; Diam Company LTD Lowered Its Verizon Communications (VZ) Position

April 18, 2018 - By Richard Conner

Verizon Communications Inc. (NYSE:VZ) Logo

Diam Company Ltd decreased Verizon Communications Inc (VZ) stake by 0.99% reported in 2017Q4 SEC filing. Diam Company Ltd sold 63,724 shares as Verizon Communications Inc (VZ)’s stock declined 11.05%. The Diam Company Ltd holds 6.36M shares with $336.82 million value, down from 6.42M last quarter. Verizon Communications Inc now has $201.65B valuation. The stock increased 0.95% or $0.46 during the last trading session, reaching $48.85. About 11.58M shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since April 18, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

Analysts expect Calfrac Well Services Ltd. (TSE:CFW) to report $0.10 EPS on May, 1 before the open.They anticipate $0.26 EPS change or 162.50% from last quarter’s $-0.16 EPS. T_CFW’s profit would be $14.39M giving it 15.28 P/E if the $0.10 EPS is correct. After having $-0.08 EPS previously, Calfrac Well Services Ltd.’s analysts see -225.00% EPS growth. The stock decreased 0.65% or $0.04 during the last trading session, reaching $6.11. About 667,098 shares traded or 36.27% up from the average. Calfrac Well Services Ltd. (TSE:CFW) has 0.00% since April 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, the Russian Federation, and Latin America. The company has market cap of $879.38 million. The firm offers hydraulic fracturing, coiled tubing, cementing, other well stimulation, and pressure pumping services to oil and natural gas industries. It has a 152.75 P/E ratio.

Among 11 analysts covering Calfrac Well Services Ltd. (TSE:CFW), 5 have Buy rating, 1 Sell and 5 Hold. Therefore 45% are positive. Calfrac Well Services Ltd. had 72 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Thursday, February 25 by Paradigm Research. The stock has “Neutral” rating by Simmons & Co on Tuesday, January 12. The firm has “Neutral” rating by JP Morgan given on Wednesday, August 26. IBC maintained the shares of CFW in report on Tuesday, August 25 with “Outperform” rating. As per Friday, October 27, the company rating was upgraded by Canaccord Genuity. The stock of Calfrac Well Services Ltd. (TSE:CFW) has “Underperform” rating given on Friday, July 29 by Scotia Capital. The stock of Calfrac Well Services Ltd. (TSE:CFW) has “Sector Perform” rating given on Monday, October 5 by RBC Capital Markets. The firm has “Market Perform” rating by Cowen & Co given on Thursday, October 15. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, April 29. TD Securities maintained it with “Hold” rating and $3 target in Thursday, November 24 report.

Since October 27, 2017, it had 0 insider purchases, and 2 selling transactions for $376,615 activity. $29,658 worth of stock was sold by SILLIMAN CRAIG L. on Friday, October 27. Another trade for 6,967 shares valued at $346,957 was sold by Skiadas Anthony T.

Among 29 analysts covering Verizon Communications Inc. (NYSE:VZ), 10 have Buy rating, 0 Sell and 19 Hold. Therefore 34% are positive. Verizon Communications Inc. had 77 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating by Robert W. Baird given on Wednesday, October 4. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Buy” rating by Moffett Nathanson on Wednesday, February 28. Nomura initiated the shares of VZ in report on Friday, October 16 with “Neutral” rating. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Sunday, September 17 by RBC Capital Markets. Nomura upgraded the stock to “Buy” rating in Tuesday, December 12 report. RBC Capital Markets maintained the shares of VZ in report on Monday, July 31 with “Sector Perform” rating. On Wednesday, January 24 the stock rating was maintained by Robert W. Baird with “Hold”. The stock has “Hold” rating by RBC Capital Markets on Wednesday, January 24. Vetr downgraded Verizon Communications Inc. (NYSE:VZ) rating on Tuesday, August 11. Vetr has “Buy” rating and $48.62 target. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Friday, May 26 by RBC Capital Markets.

Diam Company Ltd increased Alexandria Real Estate Eq In (NYSE:ARE) stake by 5,423 shares to 358,664 valued at $46.85M in 2017Q4. It also upped Taiwan Semiconductor Mfg Ltd (NYSE:TSM) stake by 796,934 shares and now owns 851,491 shares. Alliance Data Systems Corp (NYSE:ADS) was raised too.

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on April, 24 before the open. They expect $1.11 EPS, up 16.84% or $0.16 from last year’s $0.95 per share. VZ’s profit will be $4.58B for 11.00 P/E if the $1.11 EPS becomes a reality. After $0.86 actual EPS reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts 29.07% EPS growth.

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.14, from 0.88 in 2017Q3. It is positive, as 57 investors sold VZ shares while 662 reduced holdings. 141 funds opened positions while 592 raised stakes. 2.54 billion shares or 0.48% more from 2.53 billion shares in 2017Q3 were reported. Spectrum Mgmt Incorporated has invested 0.09% in Verizon Communications Inc. (NYSE:VZ). Tradition Management Limited Liability reported 35,923 shares or 0.52% of all its holdings. Tokio Marine Asset Management Limited holds 0.65% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 81,551 shares. Cap Invsts holds 2.46% or 158.41M shares in its portfolio. Franklin Street Advisors Nc holds 176,510 shares or 1.4% of its portfolio. Arizona State Retirement invested in 0.55% or 1.07 million shares. Bokf Na reported 0.64% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Eads And Heald Counsel reported 29,197 shares. Windsor Capital Mngmt Lc invested 0.24% of its portfolio in Verizon Communications Inc. (NYSE:VZ). South State holds 1.11% in Verizon Communications Inc. (NYSE:VZ) or 195,073 shares. 5,762 were reported by First National Bank Of Hutchinson. Employees Retirement Sys Of Ohio holds 0.77% or 2.95 million shares in its portfolio. Beck Cap Ltd Limited Liability Company reported 9,235 shares. 20,570 were reported by Cap Mngmt Assocs New York. Fort Point Prtn Limited Liability Corporation reported 6,125 shares stake.

Verizon Communications Inc. (NYSE:VZ) Institutional Positions Chart

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