Q3 2019 EPS Estimates for OMV AG Boosted by Analyst (OTCMKTS:OMVJF)

OMV AG (OTCMKTS:OMVJF) – Analysts at Jefferies Financial Group lifted their Q3 2019 EPS estimates for OMV in a research note issued to investors on Thursday, October 17th. Jefferies Financial Group analyst J. Gammel now anticipates that the company will post earnings per share of $1.59 for the quarter, up from their previous forecast of $1.39. Jefferies Financial Group also issued estimates for OMV’s Q4 2019 earnings at $2.00 EPS, FY2019 earnings at $6.60 EPS, Q1 2020 earnings at $1.91 EPS, Q2 2020 earnings at $1.91 EPS, Q3 2020 earnings at $1.95 EPS, Q4 2020 earnings at $2.04 EPS, FY2020 earnings at $7.83 EPS and FY2021 earnings at $8.24 EPS.

Separately, Zacks Investment Research upgraded shares of OMV from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a research note on Wednesday, October 9th.

Shares of OMV stock opened at $52.50 on Monday. The company’s fifty day simple moving average is $52.37 and its 200-day simple moving average is $52.87. The stock has a market capitalization of $17.14 billion, a PE ratio of 9.11, a P/E/G ratio of 0.73 and a beta of 0.09. OMV has a 1-year low of $48.50 and a 1-year high of $57.20. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 1.03.

About OMV

OMV Aktiengesellschaft operates as an integrated oil and gas company. The company operates in two segments, Upstream and Downstream. The Upstream segment explores for, develops, and produces oil and gas resources primarily in Central and Eastern Europe, North Sea, Russia, the Middle East and Africa, and the Asia- Pacific.

Featured Story: Fundamental Analysis and Individual Investors

Earnings History and Estimates for OMV (OTCMKTS:OMVJF)

Receive News & Ratings for OMV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OMV and related companies with MarketBeat.com's FREE daily email newsletter.