Today’s Stock On Watch: After Today’s Big Increase, Is Rice Energy Inc’s Near-Term Analysis Positive?

Today's Stock On Watch: After Today's Big Increase, Is Rice Energy Inc's Near Term Analysis Positive?

The stock of Rice Energy Inc (NYSE:RICE) is a huge mover today! About 2.32M shares traded hands. Rice Energy Inc (NYSE:RICE) has risen 170.36% since March 8, 2016 and is uptrending. It has outperformed by 161.04% the S&P500.
The move comes after 9 months positive chart setup for the $5.33B company. It was reported on Oct, 11 by We have $42.91 PT which if reached, will make NYSE:RICE worth $3.09 billion more.

Analysts await Rice Energy Inc (NYSE:RICE) to report earnings on November, 3. They expect $0.01 earnings per share, down 66.67% or $0.02 from last year’s $0.03 per share. RICE’s profit will be $1.96M for 679.00 P/E if the $0.01 EPS becomes a reality. After $-0.07 actual earnings per share reported by Rice Energy Inc for the previous quarter, Wall Street now forecasts -114.29% EPS growth.

Rice Energy Inc (NYSE:RICE) Ratings Coverage

Out of 16 analysts covering Rice Energy (NYSE:RICE), 9 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 56% are positive. Rice Energy has been the topic of 44 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Friday, November 6 by RBC Capital Markets. Goldman Sachs downgraded the stock to “Neutral” rating in Wednesday, November 11 report. The rating was initiated by Jefferies with “Buy” on Monday, September 21. The firm has “Outperform” rating given on Monday, March 7 by iBERIA Capital Partners. The company was downgraded on Tuesday, August 30 by Seaport Global. The stock of Rice Energy Inc (NYSE:RICE) has “Neutral” rating given on Thursday, April 7 by Citigroup. The company was maintained on Friday, August 5 by Stifel Nicolaus. The stock has “Buy” rating given by Seaport Global on Wednesday, March 30. Williams Capital Group initiated the stock with “Hold” rating in Monday, August 29 report. Deutsche Bank maintained it with “Hold” rating and $28 target price in Wednesday, August 10 report.

According to Zacks Investment Research, “Rice Energy Inc. is involved in the acquisition, exploration and development of natural gas and oil properties primarily in the Appalachian Basin. Rice Energy Inc. is headquartered in Hillpointe Drive, United States.”

Insitutional Activity: The institutional sentiment decreased to 1.44 in Q2 2016. Its down 0.15, from 1.59 in 2016Q1. The ratio turned negative, as 28 funds sold all Rice Energy Inc shares owned while 58 reduced positions. 54 funds bought stakes while 70 increased positions. They now own 142.82 million shares or 3.89% more from 137.47 million shares in 2016Q1.
The Texas-based Employees Retirement Of Texas has invested 0.07% in Rice Energy Inc (NYSE:RICE). The Texas-based Teacher Retirement System Of Texas has invested 0% in Rice Energy Inc (NYSE:RICE). Aperio Gp Ltd Liability Company holds 0% or 23,116 shares in its portfolio. Firefly Value L P last reported 3.64 million shares in the company. Partner Investment Mgmt Ltd Partnership has 14,613 shares for 0.53% of their US portfolio. Key Gp (Cayman) Limited reported 22,000 shares or 0.04% of all its holdings. Lord Abbett Ltd Company holds 0.27% or 3.87 million shares in its portfolio. Tfs Ltd Limited Liability Company holds 0.08% of its portfolio in Rice Energy Inc (NYSE:RICE) for 19,648 shares. Carlton Hofferkamp & Jenks Wealth Mngmt Ltd Liability Company has 0.36% invested in the company for 20,600 shares. Sir Management L P last reported 201,413 shares in the company. Loomis Sayles & Limited Partnership last reported 359,041 shares in the company. Invesco holds 0% or 344,295 shares in its portfolio. The Texas-based Tph Asset Lc has invested 1.74% in Rice Energy Inc (NYSE:RICE). National Bank Of Montreal Can has invested 0% of its portfolio in Rice Energy Inc (NYSE:RICE). Tci Wealth Advisors, a Arizona-based fund reported 263 shares.

Insider Transactions: Since April 15, 2016, the stock had 0 insider buys, and 1 sale for $153.80 million net activity. The insider NGP Rice Holdings LLC sold $153.80 million.

More important recent Rice Energy Inc (NYSE:RICE) news were published by: which released: “Rice Energy Announces Exercise of Option to Purchase Additional Shares” on October 06, 2016, also published article titled: “Rice Energy’s Advantage With Vantage Energy”, published: “Rice Energy agrees to buy Vantage Energy for $2.7 billion” on September 26, 2016. More interesting news about Rice Energy Inc (NYSE:RICE) was released by: and their article: “Stocks to Watch: Twitter, EndoChoice, Rice Energy” with publication date: September 27, 2016.

RICE Company Profile

Rice Energy Inc. (Rice Energy), incorporated on October 1, 2013, is an independent natural gas and oil company. The Firm is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. The Firm conducts its activities through two divisions: Exploration and Production, and Midstream. The Exploration and Production segment is engaged in the acquisition, exploration and development of natural gas, oil and NGLs. The Midstream segment is engaged in the gathering and compression of natural gas, oil and NGL production of, and in the provision of water services to support the well completion activities of, Rice Energy and third parties.

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