Infinity Natural Resources (NYSE:INR) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Infinity Natural Resources (NYSE:INR) from a "hold" to a "strong-buy" rating in a report issued Saturday.
• Despite that upgrade, other analysts are negative—Zacks cut INR to "hold", Weiss Ratings initiated coverage with a "sell", and MarketBeat shows a consensus rating of "Reduce".
• Recent results: INR reported $1.32 EPS for the quarter versus $0.65 expected and $117.06 million in revenue; the stock trades near $18.27 with a roughly $1.11 billion market cap and a P/E of about 20.8.

Infinity Natural Resources (NYSE:INR - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "strong-buy" rating in a report issued on Saturday.

A number of other equities research analysts have also weighed in on INR. Zacks Research lowered shares of Infinity Natural Resources from a "strong-buy" rating to a "hold" rating in a report on Friday, March 6th. Weiss Ratings started coverage on shares of Infinity Natural Resources in a report on Thursday, February 5th. They set a "sell (d)" rating on the stock. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce".

Infinity Natural Resources Price Performance

Shares of NYSE INR opened at $18.27 on Friday. The stock has a market cap of $1.11 billion, a P/E ratio of 20.76 and a beta of 0.23. Infinity Natural Resources has a 1-year low of $11.13 and a 1-year high of $19.90. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.52 and a current ratio of 1.57.

Infinity Natural Resources (NYSE:INR - Get Free Report) last issued its earnings results on Tuesday, March 10th. The company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.67. Infinity Natural Resources had a return on equity of 10.40% and a net margin of 4.04%.The business had revenue of $117.06 million during the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in INR. Franklin Resources Inc. lifted its position in shares of Infinity Natural Resources by 11.8% in the 4th quarter. Franklin Resources Inc. now owns 1,299,091 shares of the company's stock worth $19,136,000 after purchasing an additional 137,247 shares during the period. CIBC Private Wealth Group LLC increased its position in shares of Infinity Natural Resources by 87.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 715,562 shares of the company's stock valued at $10,540,000 after buying an additional 333,972 shares during the period. Yaupon Capital Management LP increased its position in shares of Infinity Natural Resources by 25.2% during the fourth quarter. Yaupon Capital Management LP now owns 467,360 shares of the company's stock valued at $6,884,000 after buying an additional 94,104 shares during the period. Geode Capital Management LLC raised its stake in Infinity Natural Resources by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 346,738 shares of the company's stock worth $5,109,000 after buying an additional 4,618 shares in the last quarter. Finally, State Street Corp raised its stake in Infinity Natural Resources by 19.9% in the fourth quarter. State Street Corp now owns 343,138 shares of the company's stock worth $5,054,000 after buying an additional 56,886 shares in the last quarter.

About Infinity Natural Resources

We are a growth oriented, free cash flow generating, independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. We are focused on creating shareholder value through the identification and disciplined development of low-risk, highly economic oil and natural gas assets while maintaining a strong and flexible balance sheet. Additionally, we have proven our ability to grow our acreage position through organic leasing efforts and accretive acquisitions.

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