NYSE:MRMontage Resources Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Montage Resources Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.94 +0.49 (+20.00 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$2.44Now: $2.94▼$3.1050-Day Range$2.09MA: $2.86▼$3.9352-Week Range$1.99Now: $2.94▼$14.56Volume1.21 million shsAverage Volume643,201 shsMarket Capitalization$105.33 millionP/E Ratio4.03Dividend YieldN/ABeta1.94 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Montage Resources Corporation operates as an oil and natural gas exploration and production company. As of December 31, 2018, it had an acreage position comprising approximately 241,000 net acres in Ohio and Pennsylvania; and had estimated proved reserves of 1,864.7 billion cubic feet of natural gas equivalent. The company was formerly known as Eclipse Resources Corporation and changed its name to Montage Resources Corporation in February 2019. Montage Resources Corporation was founded in 2011 and is based in Irving, Texas.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingMontage Resources has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.68, Montage Resources has a potential upside of 195.4% from its current price of $2.94.Amount of Analyst CoverageMontage Resources has only been the subject of 3 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesMontage Resources has received 193 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMontage Resources has received 240 “underperform” votes. (Add your “underperform” vote.)Community SentimentMontage Resources has received 55.43% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Montage Resources and other stocks. Vote “Outperform” if you believe MR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MR will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldMontage Resources does not currently pay a dividend.Dividend GrowthMontage Resources does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Montage Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.01% of the stock of Montage Resources is held by insiders.Percentage Held by Institutions83.20% of the stock of Montage Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Montage Resources are expected to decrease by -100.00% in the coming year, from $1.50 to $0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Montage Resources is 4.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Montage Resources is 4.03, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.79.Price to Book Value per Share RatioMontage Resources has a P/B Ratio of 0.11. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.70 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:MR Previous Symbol CUSIPN/A CIK1373060 Webhttp://www.montageresources.com/ Phone469-444-1647Debt Debt-to-Equity Ratio0.66 Current Ratio0.50 Quick Ratio0.50Price-To-Earnings Trailing P/E Ratio4.03 Forward P/E Ratio1.96 P/E GrowthN/A Sales & Book Value Annual Sales$634.44 million Price / Sales0.17 Cash Flow$8.91 per share Price / Cash Flow0.33 Book Value$27.84 per share Price / Book0.11Profitability EPS (Most Recent Fiscal Year)$2.29 Net Income$31.76 million Net Margins5.01% Return on Equity8.28% Return on Assets4.22%Miscellaneous Employees159 Outstanding Shares35,827,000Market Cap$105.33 million Next Earnings Date5/5/2020 (Estimated) OptionableNot Optionable Receive MR News and Ratings via Email Sign-up to receive the latest news and ratings for MR and its competitors with MarketBeat's FREE daily newsletter. MR Rates by TradingView Montage Resources (NYSE:MR) Frequently Asked Questions How has Montage Resources' stock been impacted by COVID-19 (Coronavirus)? Montage Resources' stock was trading at $2.36 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MR shares have increased by 24.6% and is now trading at $2.94. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Montage Resources? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Montage Resources in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Montage Resources. When is Montage Resources' next earnings date? Montage Resources is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Montage Resources. How were Montage Resources' earnings last quarter? Montage Resources Corp (NYSE:MR) issued its quarterly earnings results on Thursday, March, 5th. The medical instruments supplier reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.57. The medical instruments supplier had revenue of $174.11 million for the quarter, compared to analyst estimates of $171.99 million. Montage Resources had a return on equity of 8.28% and a net margin of 5.01%. View Montage Resources' earnings history. What price target have analysts set for MR? 6 brokers have issued twelve-month target prices for Montage Resources' shares. Their forecasts range from $2.60 to $17.00. On average, they expect Montage Resources' share price to reach $8.68 in the next twelve months. This suggests a possible upside of 195.4% from the stock's current price. View analysts' price targets for Montage Resources. Has Montage Resources been receiving favorable news coverage? News coverage about MR stock has trended very negative recently, according to InfoTrie. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. 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 coverage optimism score of -3.3 on InfoTrie's scale. They also assigned headlines about the medical instruments supplier a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutMontage Resources. Are investors shorting Montage Resources? Montage Resources saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 3,780,000 shares, an increase of 16.7% from the February 13th total of 3,240,000 shares. Based on an average daily volume of 573,200 shares, the short-interest ratio is currently 6.6 days. Currently, 21.0% of the shares of the company are short sold. View Montage Resources' Current Options Chain. Who are some of Montage Resources' key competitors? Some companies that are related to Montage Resources include DELEK GRP LTD/ADR (DGRLY), Talos Energy (TALO), Kosmos Energy (KOS), Dorchester Minerals (DMLP), Kimbell Royalty Partners (KRP), Chesapeake Energy (CHK), Bonanza Creek Energy (BCEI), Matador Resources (MTDR), Tellurian (TELL), W&T Offshore (WTI), Falcon Minerals (FLMN), Advantage Oil & Gas (AAVVF), Antero Resources (AR), Berry Petroleum (BRY) and Callon Petroleum (CPE). What other stocks do shareholders of Montage Resources own? 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), Enterprise Products Partners (EPD), Exxon Mobil (XOM), Heat Biologics (HTBX) and SunPower (SPWR). Who are Montage Resources' key executives? Montage Resources' management team includes the following people: Mr. Benjamin W. Hulburt, Co-Founder, Chairman, Pres & CEO (Age 45)Mr. John K. Reinhart, Pres, CEO & Director (Age 50)Mr. Matt Denezza, Exec. VP & CFO (Age 48)Mr. Michael L. Hodges, Exec. VP & CFO (Age 40)Mr. Oleg E. Tolmachev, Exec. VP & COO (Age 44) What is Montage Resources' stock symbol? Montage Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "MR." How do I buy shares of 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. What is Montage Resources' stock price today? One share of MR stock can currently be purchased for approximately $2.94. How big of a company is Montage Resources? Montage Resources has a market capitalization of $105.33 million and generates $634.44 million in revenue each year. The medical instruments supplier earns $31.76 million in net income (profit) each year or $2.29 on an earnings per share basis. Montage Resources employs 159 workers across the globe. View additional information about Montage Resources. What is Montage Resources' official website? The official website for Montage Resources is http://www.montageresources.com/. How can I contact Montage Resources? 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. This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: What is a Lock-Up Period?
