HighPeak Energy (NASDAQ:HPK) Stock Rating Upgraded by Roth Capital

Key Points

• HighPeak Energy's stock has been upgraded to a "strong-buy" rating by Roth Capital, reflecting a positive outlook from analysts.
• Despite the upgrade, HighPeak Energy's recent earnings report showed a miss on EPS estimates and a 27.2% decline in revenue year-over-year.
• The average rating for HighPeak Energy remains a "Hold" with a consensus price target of $11.67, indicating mixed sentiment among analysts.

HighPeak Energy (NASDAQ:HPK - Get Free Report) was upgraded by research analysts at Roth Capital to a "strong-buy" rating in a research note issued to investors on Monday,Zacks.com reports. Roth Capital also issued estimates for HighPeak Energy's Q1 2026 earnings at $0.11 EPS, Q2 2026 earnings at $0.10 EPS, Q3 2026 earnings at $0.10 EPS and Q4 2026 earnings at $0.08 EPS.

Several other equities research analysts have also recently issued reports on the company. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of HighPeak Energy in a report on Wednesday, October 8th. Wall Street Zen cut HighPeak Energy from a "hold" rating to a "sell" rating in a report on Saturday, August 16th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $11.67.

HighPeak Energy Price Performance

Shares of HighPeak Energy stock opened at $7.08 on Monday. The stock's 50-day simple moving average is $7.39 and its 200-day simple moving average is $8.94. HighPeak Energy has a 52 week low of $6.60 and a 52 week high of $15.72. The company has a market capitalization of $893.00 million, a price-to-earnings ratio of 8.23 and a beta of 1.21. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 0.62.

HighPeak Energy (NASDAQ:HPK - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.01). HighPeak Energy had a net margin of 12.59% and a return on equity of 7.10%. The business had revenue of $200.40 million during the quarter, compared to analysts' expectations of $210.87 million. During the same quarter in the previous year, the firm earned $0.28 earnings per share. HighPeak Energy's revenue was down 27.2% on a year-over-year basis. As a group, analysts expect that HighPeak Energy will post 0.78 earnings per share for the current fiscal year.

Institutional Trading of HighPeak Energy

A number of large investors have recently modified their holdings of the company. Strs Ohio purchased a new stake in shares of HighPeak Energy during the 1st quarter valued at $60,000. Raymond James Financial Inc. acquired a new position in shares of HighPeak Energy in the 2nd quarter valued at $49,000. Exchange Traded Concepts LLC increased its position in shares of HighPeak Energy by 1,262.5% in the 1st quarter. Exchange Traded Concepts LLC now owns 9,238 shares of the company's stock valued at $117,000 after acquiring an additional 8,560 shares during the period. OMERS ADMINISTRATION Corp acquired a new position in shares of HighPeak Energy in the 1st quarter valued at $134,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of HighPeak Energy in the 2nd quarter valued at $109,000. Hedge funds and other institutional investors own 24.13% of the company's stock.

About HighPeak Energy

HighPeak Energy, Inc, an independent oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. The company was incorporated in 2019 and is headquartered in Fort Worth, Texas.

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