Montage Resources Stock Price, News & Analysis (NYSE:MR)

Montage Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "MR."

Montage Resources Corp (NYSE:MR) announced its quarterly earnings data on Tuesday, August, 6th. The medical instruments supplier reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.44. The medical instruments supplier had revenue of $155.54 million for the quarter, compared to analysts' expectations of $145.23 million. Montage Resources had a return on equity of 9.50% and a net margin of 9.01%. View Montage Resources' Earnings History.

Montage Resources is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Montage Resources.

2 analysts have issued 1-year price targets for Montage Resources' shares. Their forecasts range from $6.00 to $17.00. On average, they expect Montage Resources' share price to reach $11.50 in the next twelve months. This suggests a possible upside of 223.0% from the stock's current price. View Analyst Price Targets for Montage Resources.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Montage Resources in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Montage Resources.

Headlines about MR stock have trended very negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Montage Resources earned a media sentiment score of -3.9 on InfoTrie's scale. They also gave headlines about the medical instruments supplier a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the company's share price in the next several days. View News Stories for Montage Resources.

Montage Resources saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 2,000,000 shares, an increase of 9.3% from the August 30th total of 1,830,000 shares. Based on an average daily volume of 579,000 shares, the days-to-cover ratio is presently 3.5 days. Approximately 11.2% of the shares of the company are sold short. View Montage Resources' Current Options Chain.

Some companies that are related to Montage Resources include Denbury Resources (DNR), Gulfport Energy (GPOR), Penn Virginia (PVAC), Bonanza Creek Energy (BCEI), California Resources (CRC), Isramco (ISRL), Kimbell Royalty Partners (KRP), Primeenergy Resources (PNRG), Extraction Oil & Gas (XOG), Advantage Oil & Gas (AAVVF), Roan Resources (ROAN), Ultra Petroleum (UPL), Panhandle Oil and Gas (PHX), HighPoint Resources (HPR) and Earthstone Energy (ESTE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Montage Resources investors own include Rex Energy (REXX), Pegasystems (PEGA), Curis (CRIS), Gulfport Energy (GPOR), Chesapeake Energy (CHK), Ford Motor (F), XPO Logistics (XPO), Capstone Turbine (CPST), Heat Biologics (HTBX) and Opko Health (OPK).

Montage Resources' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Zurcher Kantonalbank Zurich Cantonalbank (0.04%). Company insiders that own Montage Resources stock include Encap Energy Capital Fund Viii, John K Reinhart, Michael L Hodges, Oleg E Tolmachev and Richard D Paterson. View Institutional Ownership Trends for Montage Resources.

MR stock was bought by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have bought Montage Resources stock in the last two years include Encap Energy Capital Fund Viii, John K Reinhart, Michael L Hodges and Oleg E Tolmachev. View Insider Buying and Selling for Montage Resources.

Shares of MR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MR stock can currently be purchased for approximately $3.56.

Montage Resources has a market capitalization of $127.13 million and generates $515.15 million in revenue each year. Montage Resources employs 159 workers across the globe.View Additional Information About Montage Resources.

The official website for Montage Resources is http://www.montageresources.com/.

Montage Resources' mailing address is 122 WEST JOHN CARPENTER FREEWAY SUITE 300, IRVING TX, 75039. The medical instruments supplier can be reached via phone at 469-444-1647.