Investors may be getting ready to review the most recent company earnings reports. Digging down into the numbers may help provide a good idea of how the company is set up for the foreseeable future. After a recent scan, we can see that the current quarter EPS consensus estimate for Pioneer Natural Resources Company (NYSE:PXD) is 2.25. This EPS estimate is using estimates provided by 18 sell-side analysts polled by Zacks Research. For the previous reporting period, the company posted a quarterly EPS of 2.01. Investors and analysts will be closely watching to see what kind of impact the earnings results have on the stock after the next report.
When trading the stock market, investors constantly have to deal with volatility. There are many different reasons why markets may see increased volatility. Whether it is political change, economic events, or even natural disasters, there is always something brewing that has the ability to disrupt the market. When a big event happens, investors might be faced with challenges and be forced to react. Overreacting to market downturns may be common, but it may also hurt the health of the stock portfolio. When the stock market gets choppy and slides, investors may be tempted to quickly pull money out. Pulling out of positions based on specific events may be the right move sometimes, but investors may find that they missed out on gains that followed after a rebound. Staying disciplined and being prepared can help the investor ride out temporary market turbulence.
Looking further at shares of Pioneer Natural Resources Company (NYSE:PXD), we have noticed that the current consensus target price is $190.84. Wall Street analysts have the ability to create price target estimates for where they think the stock will be moving in the near-term. Because price target projections can differ from one analyst to the next, they may span a wide range of values. Many investors will closely track target prices, and they tend to pay extra close attention when analysts make revisions to those targets.
Wall Street analysts often give buy/sell/hold ratings for the companies that they track. Investors have the ability to view these sell-side ratings in order to help with their own stock research. Analyst ratings may have different interpretations. According to analysts polled by Zacks Research, the current average broker rating on shares of Pioneer Natural Resources Company (NYSE:PXD) is 1.28. This rating uses a scale between 1 and 5. Following this scale, a rating of 1 would represent a Strong Buy, and a rating of 5 would indicate a Strong Sell recommendation. Out of all these analysts offering ratings, 25 have rated the stock a Strong Buy or Buy, according to Zacks Research.
Shifting the focus to some possible support and resistance levels on shares of Pioneer Natural Resources Company (NYSE:PXD), we note that the 52-week high is currently $187.92, and the 52-week low is currently $120.23. When shares are trading near to the 52-week high or 52-week low, investors may be watching for a break through either level. Investors may also be watching historical price action. Over the past 12 weeks, the stock has moved -17.81%. Going back to the start of the year, we can see that shares have moved -3.63%. Over the last 4 weeks, shares have seen a change of -9.91%. Over the last 5 trading days, the stock has moved 4.03%. Checking in on recent session activity, we have seen that the stock has been trading near the $126.75 mark.
As any seasoned investor knows, markets can move up or down in the blink of an eye. Investors who attempt to beat the market without creating a plan may find themselves grasping at straws down the line. Building a plan that included the right level of risk may be different for every individual. Managing risk and staying on top of the stock portfolio can help investors ride out the storm when it eventually rolls in. Anybody who manages their own portfolio knows that it can be extremely challenging at times. Finding a consistent process that works when markets become volatile can be a big help to the investor. Controlling emotions and conducting the necessary research can help the investor make the difficult decisions when they crop up.