SilverBow Resources (SBOW) Scheduled to Post Earnings on Wednesday

SilverBow Resources (NYSE:SBOW - Get Free Report) is set to release its earnings data after the market closes on Wednesday, May 1st. Analysts expect SilverBow Resources to post earnings of $1.84 per share for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

SilverBow Resources (NYSE:SBOW - Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported $1.47 EPS for the quarter, missing the consensus estimate of $2.36 by ($0.89). The company had revenue of $212.04 million for the quarter, compared to the consensus estimate of $231.43 million. SilverBow Resources had a return on equity of 14.50% and a net margin of 45.64%. On average, analysts expect SilverBow Resources to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

SilverBow Resources Price Performance

Shares of SilverBow Resources stock traded up $0.17 during midday trading on Wednesday, hitting $30.70. 318,471 shares of the company were exchanged, compared to its average volume of 391,065. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market cap of $783.46 million, a P/E ratio of 2.52 and a beta of 2.46. SilverBow Resources has a 52 week low of $21.08 and a 52 week high of $43.95. The firm has a 50 day simple moving average of $31.63 and a 200-day simple moving average of $30.77.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on SBOW shares. KeyCorp downgraded SilverBow Resources from an "overweight" rating to a "sector weight" rating in a research report on Thursday, January 11th. TheStreet upgraded SilverBow Resources from a "c" rating to a "b-" rating in a research report on Wednesday, February 28th. Mizuho reiterated a "buy" rating and issued a $42.00 price objective on shares of SilverBow Resources in a research report on Friday, April 5th. Truist Financial cut their price objective on SilverBow Resources from $47.00 to $45.00 and set a "buy" rating for the company in a research report on Friday, April 5th. Finally, Roth Mkm initiated coverage on SilverBow Resources in a research report on Monday, February 12th. They issued a "buy" rating and a $41.00 price objective for the company. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $44.50.

About SilverBow Resources

SilverBow Resources, Inc, an independent oil and gas company, exploration, develops, acquires, and operates oil and natural gas properties in the Eagle Ford shale and Austin Chalk located in South Texas. The company was formerly known as Swift Energy Company and changed its name to SilverBow Resources, Inc in May 2017.