$0.13 EPS Expected for Rice Energy Inc (RICE)

October 13, 2017 - By Vivian Currie

 $0.13 EPS Expected for Rice Energy Inc (RICE)
Investors sentiment decreased to 0.79 in Q2 2017. Its down 0.13, from 0.92 in 2017Q1. It worsened, as 62 investors sold Rice Energy Inc shares while 76 reduced holdings. 47 funds opened positions while 62 raised stakes. 154.41 million shares or 13.71% less from 178.94 million shares in 2017Q1 were reported.
Magnetar Ltd Llc holds 5.45 million shares. Fincl Bank Of Nova Scotia reported 26,972 shares. Tci Wealth has 0% invested in Rice Energy Inc (NYSE:RICE). The California-based Aperio Gru Ltd Co has invested 0% in Rice Energy Inc (NYSE:RICE). Putnam Invs Lc holds 0% or 27,910 shares in its portfolio. 560,400 are held by Key Group Inc Holding (Cayman) Ltd. Nationwide Fund Advsr holds 157,521 shares. Stephens Ar accumulated 9,795 shares or 0.01% of the stock. Us State Bank De holds 0% or 787 shares in its portfolio. Parkside Bankshares And Tru holds 0% or 141 shares. Arrowgrass Partners (Us) Limited Partnership invested in 0.52% or 2.55 million shares. Tig Advsr Llc accumulated 182,064 shares or 0.29% of the stock. Moreover, Boston Prtnrs has 0.08% invested in Rice Energy Inc (NYSE:RICE). Stifel has invested 0% in Rice Energy Inc (NYSE:RICE). Stevens Mgmt Lp accumulated 355,741 shares.

Analysts await Rice Energy Inc (NYSE:RICE) to report earnings on November, 1. RICE’s profit will be $27.67M for 53.13 P/E if the $0.13 EPS becomes a reality. After $0.10 actual earnings per share reported by Rice Energy Inc for the previous quarter, Wall Street now forecasts 30.00 % EPS growth. About 3.42M shares traded. Rice Energy Inc (NYSE:RICE) has risen 14.59% since October 14, 2016 and is uptrending. It has underperformed by 2.11% the S&P500.

Rice Energy Inc (NYSE:RICE) Ratings Coverage

Among 27 analysts covering Rice Energy (NYSE:RICE), 10 have Buy rating, 0 Sell and 17 Hold. Therefore 37% are positive. Rice Energy had 86 analyst reports since July 21, 2015 according to SRatingsIntel. Seaport Global downgraded Rice Energy Inc (NYSE:RICE) on Wednesday, June 21 to “Hold” rating. The stock has “Buy” rating by Stifel Nicolaus on Friday, March 24. RBC Capital Markets maintained the shares of RICE in report on Friday, November 6 with “Outperform” rating. RBC Capital Markets maintained the shares of RICE in report on Thursday, September 28 with “Hold” rating. Citigroup maintained it with “Neutral” rating and $20.50 target in Friday, August 14 report. The firm earned “Buy” rating on Tuesday, January 24 by Williams Capital Group. The company was downgraded on Tuesday, June 20 by Mitsubishi UFJ. The firm has “Equal-Weight” rating given on Thursday, August 3 by Stephens. The stock of Rice Energy Inc (NYSE:RICE) earned “Neutral” rating by Mizuho on Monday, July 10. RBC Capital Markets upgraded the shares of RICE in report on Tuesday, October 20 to “Outperform” rating.

Rice Energy Inc. is an independent natural gas and oil company. The company has market cap of $5.88 billion. The Firm is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. It currently has negative earnings. The Firm conducts its activities through two divisions: Exploration and Production, and Midstream.

More recent Rice Energy Inc (NYSE:RICE) news were published by: Reuters.com which released: “Hedge fund DE Shaw urges EQT to split after Rice Energy deal” on September 14, 2017. Also Reuters.com published the news titled: “Jana claims EQT-Rice Energy deal synergies ‘grossly exaggerated'” on September 20, 2017. Globenewswire.com‘s news article titled: “Archrock, Inc. to Present at Johnson Rice Energy Conference” with publication date: September 25, 2017 was also an interesting one.

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