LEACH TIMOTHY A, Chairman and CEO, subtracted 54,545 shares of Concho Resources Inc. (CXO) from its portfolio at the rate of $109.34 per share valuing $5,964,102 on May 03. The insider left behind 677,907 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Concho Resources Inc. (CXO) was $102.58. Currently, the 1st Resistance Point for this stock is $104.71, with a 2nd Resistance Point sitting at $106.84. Meanwhile, this company’s stock has a 1st Support Level at $101.21 and a 2nd Support Level at $99.84. Concho Resources Inc. (CXO) stock has gained $4.42, or 4.50%, in the past five days. In the last full month, these shares have lost -$10.32, or -9.14%. In the past three months, this stock’s price has fallen by -$3.92, or -3.68%. This year-to-date, Concho Resources Inc. (CXO) shares have lost -$0.21, or -0.20%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Concho Resources Inc. (CXO) stock, 40% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Sell .”
With 200,594 K shares outstanding, this company currently has a market capitalization of $21,042,310K. Concho Resources Inc. (CXO) generates $4,151 M in annual sales, amounting to annual net income of $2,286 M. This stock has generated a 1-Year Total Return of -21.42%, a 3-Year Total Return of -15.27%, and a 5-year Total Return of -27.78%. This stock’s 5-Year Dividend Growth is 0.00%, with its most recent dividend valued at $0.125 per share on 05/09/19. Its Annual Dividend Yield is 0.49%, and its Annual Dividend Rate is 0.50.
In the most recently-reported fiscal quarter, which ended in Mar-19, Concho Resources Inc. (CXO) reported earnings of $0.72 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.76 per share, representing a -0.04 difference and 5.16% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.94 represented a -0.19 difference from the consensus estimate calling for $1.13 per share, which was a 16.77% surprise.
For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.94 per share. This estimate came from a total of 15 Wall Street Analysts. Of those market experts, the high estimate was $1.13 and the low estimate was $0.76. In the year-ago quarter, Concho Resources Inc. (CXO) generated per-share earnings of $1.24. If the analysts are correct about the current quarter’s earnings, the growth will be -24.19% .
Turning our focus now to insider trading activity, there have been 0 purchases (0 shares in total) and 4 sale (66,045 shares in total) in the last 3 months. In the last 6 months, there have been 37 insider buys amounting to 396,215 shares and 33 insider sales amounting to 206,591 shares. In the past full year, 41 insider purchases were made (involving 443,439 shares) and 44 insider sell-offs equivalent to 256,620 shares.
Moving onto liquidity, Concho Resources Inc. (CXO) has a Current Ratio of 1.04, a Quick Ratio of 1.01 and a Cash Ratio of 0.36. Looking at this company’s capital structure, its Total Debt to Total Equity is 23.19, its Total Debt to Total Capital is 18.83, and its Total Debt to Total Assets is now 16.15. Looking even further ahead into the future, its Long-Term Debt to Equity is 22.35 and its Long-Term Debt to Total Capital is 18.14.