Crescent Point Energy Corp. (CPG) Analysts See $0.05 EPS; Ameriresource Technologies (ARES) Sentiment Is 1.27

February 2, 2018 - By Vivian Park

Ares Management, L.P. operates as an alternative asset manager in the United States, Europe, and Asia. The company has market cap of $5.02 billion. The companyÂ’s Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. It has a 41.7 P/E ratio. The Company’s Direct Lending Group segment provides financing solutions to small-to-medium sized companies.

Analysts expect Crescent Point Energy Corp. (NYSE:CPG) to report $0.05 EPS on February, 22.They anticipate $0.08 EPS change or 61.54% from last quarter’s $0.13 EPS. CPG’s profit would be $26.43 million giving it 37.95 P/E if the $0.05 EPS is correct. After having $0.05 EPS previously, Crescent Point Energy Corp.’s analysts see 0.00% EPS growth. The stock decreased 5.36% or $0.43 during the last trading session, reaching $7.59. About 432,900 shares traded. Crescent Point Energy Corp. (NYSE:CPG) has declined 40.46% since February 2, 2017 and is downtrending. It has underperformed by 57.16% the S&P500.

Crescent Point Energy Corp. acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the United States. The company has market cap of $4.01 billion. The company's natural gas and crude oil properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota, Montana, Colorado, and Utah. It currently has negative earnings.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.38, from 0.65 in 2017Q2. It is positive, as 17 investors sold Crescent Point Energy Corp. shares while 41 reduced holdings. 11 funds opened positions while 49 raised stakes. 215.30 million shares or 1.60% more from 211.91 million shares in 2017Q2 were reported. Teachers Insur & Annuity Association Of America owns 6.98M shares or 1.52% of their US portfolio. Jabre Ptnrs Sa has 300,000 shares. 31,494 were accumulated by Agf Investments Inc. Point72 Asset Mngmt Lp holds 663,216 shares or 0.02% of its portfolio. Van Eck Assoc, New York-based fund reported 114,003 shares. Wells Fargo And Mn owns 185,581 shares. Susquehanna Gru Llp holds 94,241 shares. Comerica Fincl Bank accumulated 62,747 shares. Alliancebernstein Ltd Partnership accumulated 63,292 shares. Goldman Sachs Gru holds 327,804 shares. Commerzbank Aktiengesellschaft Fi accumulated 74,825 shares. Lincluden Mgmt Limited owns 4.96 million shares for 3.09% of their portfolio. Verition Fund Mgmt Lc accumulated 26,849 shares. Riverhead Mgmt Lc has invested 0% in Crescent Point Energy Corp. (NYSE:CPG). Gp One Trading Ltd Partnership holds 2,100 shares or 0% of its portfolio.

Among 4 analysts covering Crescent Point Energy (NYSE:CPG), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Crescent Point Energy had 7 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by UBS on Friday, August 14. The firm has “Neutral” rating given on Friday, September 9 by Dundee Securities. Barclays Capital upgraded Crescent Point Energy Corp. (NYSE:CPG) rating on Thursday, October 29. Barclays Capital has “Overweight” rating and $21 target. The firm has “Buy” rating given on Friday, November 11 by Dundee Securities. Barclays Capital downgraded Crescent Point Energy Corp. (NYSE:CPG) rating on Wednesday, July 22. Barclays Capital has “Equal Weight” rating and $23 target. The firm has “Overweight” rating by Barclays Capital given on Friday, July 22.

The stock decreased 0.21% or $0.05 during the last trading session, reaching $23.6. About 13,952 shares traded. Ares Management, L.P. (ARES) has risen 31.82% since February 2, 2017 and is uptrending. It has outperformed by 15.12% the S&P500.

Analysts await Ares Management, L.P. (NYSE:ARES) to report earnings on February, 23. They expect $0.41 EPS, down 6.82% or $0.03 from last year’s $0.44 per share. ARES’s profit will be $87.18 million for 14.39 P/E if the $0.41 EPS becomes a reality. After $0.40 actual EPS reported by Ares Management, L.P. for the previous quarter, Wall Street now forecasts 2.50% EPS growth.

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