Unusual Social Activity Today Around Pioneer Natural Resources (PXD)
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Trade-Ideas LLC identified
(
) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Pioneer Natural Resources as such a stock due to the following factors:
- PXD has 19x the normal benchmarked social activity for this time of the day compared to its average of 11.65 mentions/day.
- PXD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $286.4 million.
Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.
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More details on PXD:
Pioneer Natural Resources Company engages in the exploration and production of oil and gas in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. The stock currently has a dividend yield of 0.1%. PXD has a PE ratio of 21.6. Currently there are 17 analysts that rate Pioneer Natural Resources a buy, 1 analyst rates it a sell, and 10 rate it a hold.
The average volume for Pioneer Natural Resources has been 2.5 million shares per day over the past 30 days. Pioneer Natural has a market cap of $23.1 billion and is part of the basic materials sector and energy industry. The stock has a beta of 0.83 and a short float of 5.1% with 3.55 days to cover. Shares are up 7.2% year-to-date as of the close of trading on Tuesday.
Analysis:
rates Pioneer Natural Resources as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.
Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 18.7%. Since the same quarter one year prior, revenues slightly increased by 4.7%. Growth in the company's revenue appears to have helped boost the earnings per share.
- The gross profit margin for PIONEER NATURAL RESOURCES CO is rather high; currently it is at 62.70%. It has increased significantly from the same period last year. Along with this, the net profit margin of 44.15% significantly outperformed against the industry average.
- The current debt-to-equity ratio, 0.31, is low and is below the industry average, implying that there has been successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.94 is somewhat weak and could be cause for future problems.
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. In comparison to the other companies in the Oil, Gas & Consumable Fuels industry and the overall market, PIONEER NATURAL RESOURCES CO's return on equity is significantly below that of the industry average and is below that of the S&P 500.
- PXD has underperformed the S&P 500 Index, declining 18.67% from its price level of one year ago. Looking ahead, other than the push or pull of the broad market, we do not see anything in the company's numbers that may help reverse the decline experienced over the past 12 months. Despite the past decline, the stock is still selling for more than most others in its industry.
- You can view the full Pioneer Natural Resources Ratings Report.
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