QEP Resources, Inc. (QEP) Raising Eyebrows Among Investors

QEP Resources, Inc. (NYSE:QEP) seems to be forming a pattern of major movements, providing only some crumbs of outlook for market participants trying to figure out its next move. Now trading with a market value of 1.75B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. Everyone seems to have their own opinion of this stock. But what do the numbers really say? We think it’s a great time to take a fresh look.

QEP Resources, Inc. (NYSE:QEP) Fundamentals That Matter

It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For QEP, the company currently has 178.8 million of cash on the books, which is offset by 145.9 million in current liabilities. The trend over time is important to note. In this case, the company’s debt has been falling. The company also has 7.27 billion in total assets, balanced by 3.63 billion in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.

QEP Resources, Inc. (QEP) saw -163.2 million in free cash flow last quarter, representing a quarterly net change in cash of -159.6 million. Perhaps most importantly where cash movements are concerned, the company saw about 145.8 million in net operating cash flow.

QEP Resources, Inc. (NYSE:QEP) Revenue Growth Potential

As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 383.7 million in total revenues. That represents a quarterly year/year change in revenues of 0.15 in sequential terms, the QEP saw sales decline by -0.09.

But what about the bottom line? After all, that’s what really matters in the end. QEP Resources, Inc. (QEP) is intriguing when broken down to its core data. The cost of selling goods last quarter was 344.6 million, yielding a gross basic income of 39.1 million. For shareholders, given the total diluted outstanding shares of 240.6 million, this means overall earnings per share of 0.19. Note, this compares with a consensus analyst forecast of -0.21 in earnings per share for its next fiscal quarterly report.

Is QEP Resources, Inc. (NYSE:QEP) Valuation Attractive

Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about -0.32 in total earnings per share. If we consider a median price to earnings ratio on the stock, that corresponds with a stock price of 9,999. However, one should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on QEP Resources, Inc..

Previous ArticleNext Article

Related Post

What Recent Ownership Trends Suggest About Finjan ... Recent insider trends for Finjan Holdings, Inc. (NASDAQ:FNJN) have caught the attention of investors. Insider activity is often a strong indicator of ...
Office Depot, Inc. (ODP) and Ciena Corporation (CI... Ciena Corporation (NYSE:CIEN), on the other hand, is up 18.59% year to date as of 06/13/2018. It currently trades at $24.82 and has returned 1.43% dur...
What Recent Ownership Trends Suggest About 22nd Ce... Recent insider trends for 22nd Century Group, Inc. (NYSE:XXII) have caught the attention of investors. Insider data is useful because it can reveal wh...
Dissecting the Insider Trading Patterns of GGP Inc... Recent insider trends for GGP Inc. (NYSE:GGP) have caught the attention of investors. Analysts study insider data to get a sense of sense of what key ...
ON Semiconductor Corporation (ON) and Vistra Energ... ON Semiconductor Corporation (NASDAQ:ON) shares are up more than 22.30% this year and recently decreased -1.08% or -$0.28 to settle at $25.61. Vistra ...