$-0.11 EPS Expected for Independence Contract Drilling, Inc. (ICD); Trex Company (TREX) Shorts Lowered By 2.5%

February 19, 2018 - By Nellie Frank

Analysts expect Independence Contract Drilling, Inc. (NYSE:ICD) to report $-0.11 EPS on February, 27.They anticipate $0.03 EPS change or 21.43% from last quarter’s $-0.14 EPS. After having $-0.13 EPS previously, Independence Contract Drilling, Inc.’s analysts see -15.38% EPS growth. The stock decreased 3.22% or $0.14 during the last trading session, reaching $4.21. About 87,487 shares traded. Independence Contract Drilling, Inc. (NYSE:ICD) has risen 7.92% since February 19, 2017 and is uptrending. It has underperformed by 8.78% the S&P500.

Trex Company Incorporated (NYSE:TREX) had a decrease of 2.5% in short interest. TREX’s SI was 947,700 shares in February as released by FINRA. Its down 2.5% from 972,000 shares previously. With 156,200 avg volume, 6 days are for Trex Company Incorporated (NYSE:TREX)’s short sellers to cover TREX’s short positions. The SI to Trex Company Incorporated’s float is 3.26%. The stock decreased 0.59% or $0.67 during the last trading session, reaching $112.61. About 206,612 shares traded. Trex Company, Inc. (NYSE:TREX) has risen 51.54% since February 19, 2017 and is uptrending. It has outperformed by 34.84% the S&P500.

Independence Contract Drilling, Inc

Among 8 analysts covering Independence Contract Drilling (NYSE:ICD), 7 have Buy rating, 1 Sell and 0 Hold. Therefore 88% are positive. Independence Contract Drilling had 26 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Buy” rating by Cowen & Co on Wednesday, October 18. The stock of Independence Contract Drilling, Inc. (NYSE:ICD) earned “Accumulate” rating by Tudor Pickering on Wednesday, September 9. The rating was maintained by RBC Capital Markets on Friday, September 29 with “Outperform”. ValuEngine downgraded Independence Contract Drilling, Inc. (NYSE:ICD) on Monday, May 29 to “Sell” rating. The rating was maintained by Cowen & Co with “Buy” on Thursday, August 10. The firm has “Buy” rating by Zacks given on Monday, August 10. FBR Capital maintained Independence Contract Drilling, Inc. (NYSE:ICD) on Wednesday, February 24 with “Outperform” rating. The firm has “Buy” rating by RBC Capital Markets given on Thursday, July 20. CapitalOne upgraded the shares of ICD in report on Tuesday, February 28 to “Overweight” rating. Morgan Stanley maintained Independence Contract Drilling, Inc. (NYSE:ICD) rating on Tuesday, April 19. Morgan Stanley has “Overweight” rating and $6.50 target.

Investors sentiment increased to 1.29 in 2017 Q3. Its up 0.20, from 1.09 in 2017Q2. It increased, as 9 investors sold Independence Contract Drilling, Inc. shares while 19 reduced holdings. 10 funds opened positions while 26 raised stakes. 28.16 million shares or 2.92% less from 29.01 million shares in 2017Q2 were reported. Oceanic Invest Mngmt accumulated 604,132 shares. Sterling Cap Ltd Com invested in 426,854 shares. Scoria Cap Prns Lp holds 784,144 shares. Texas-based Bridgeway Cap Mngmt has invested 0.04% in Independence Contract Drilling, Inc. (NYSE:ICD). Natl Bank Of America Corp De reported 0% stake. Kennedy Cap Mgmt invested 0.04% of its portfolio in Independence Contract Drilling, Inc. (NYSE:ICD). Deutsche Financial Bank Ag owns 64,298 shares. Geode Ltd Com holds 0% or 242,075 shares in its portfolio. Comml Bank Of New York Mellon owns 128,752 shares. Jpmorgan Chase & holds 0% or 18,723 shares in its portfolio. Alliancebernstein Lp holds 0% or 19,700 shares. State Common Retirement Fund owns 172,560 shares. Tower Llc (Trc) invested in 9,104 shares or 0% of the stock. Legal & General Grp Public Ltd Co reported 4,585 shares or 0% of all its holdings. Invesco Ltd reported 0% in Independence Contract Drilling, Inc. (NYSE:ICD).

Among 9 analysts covering Trex Co (NYSE:TREX), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Trex Co had 22 analyst reports since September 24, 2015 according to SRatingsIntel. The firm earned “Strong Buy” rating on Thursday, October 1 by CL King. The rating was upgraded by CLSA to “Strong Buy” on Thursday, October 1. On Wednesday, January 3 the stock rating was upgraded by B. Riley & Co to “Buy”. Seaport Global maintained the shares of TREX in report on Thursday, January 11 with “Buy” rating. Sidoti downgraded the shares of TREX in report on Monday, October 2 to “Hold” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, July 13. The stock of Trex Company, Inc. (NYSE:TREX) earned “Buy” rating by Seaport Global on Thursday, June 1. The firm has “Neutral” rating given on Tuesday, November 22 by Seaport Global Securities. The stock of Trex Company, Inc. (NYSE:TREX) earned “Buy” rating by FBR Capital on Wednesday, January 3. The company was upgraded on Thursday, September 24 by Wedbush.

Investors sentiment increased to 1.35 in 2017 Q3. Its up 0.11, from 1.24 in 2017Q2. It increased, as 14 investors sold Trex Company, Inc. shares while 63 reduced holdings. 31 funds opened positions while 73 raised stakes. 25.84 million shares or 3.17% less from 26.69 million shares in 2017Q2 were reported. Acadian Asset Llc stated it has 72 shares or 0% of all its holdings. Massachusetts-based Geode Cap has invested 0.01% in Trex Company, Inc. (NYSE:TREX). Sandy Spring Natl Bank invested in 600 shares. Teachers Retirement Of The State Of Kentucky accumulated 0.01% or 10,200 shares. Huntington Bancorporation holds 0% or 855 shares in its portfolio. New York State Common Retirement Fund owns 40,460 shares. Frontier Cap Mgmt Ltd Liability stated it has 0.19% in Trex Company, Inc. (NYSE:TREX). Janney Montgomery Scott Limited Liability Corp owns 0.01% invested in Trex Company, Inc. (NYSE:TREX) for 9,228 shares. Tiaa Cref Management Limited Liability accumulated 96,343 shares or 0.01% of the stock. Raymond James & Assocs holds 21,164 shares. Los Angeles Capital Equity Research has invested 0% in Trex Company, Inc. (NYSE:TREX). Advisors Preferred Limited Co reported 0.04% in Trex Company, Inc. (NYSE:TREX). Goldman Sachs Gru accumulated 0% or 87,358 shares. Ahl Ptnrs Llp owns 7,865 shares for 0.01% of their portfolio. Parametric Assocs Limited owns 51,701 shares.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>