EARTHSTONE ENERGY INC - A (ESTE) Forecast, Price Target & Analyst Ratings

NYSE:ESTE • US27032D3044

Current stock price

21.17 USD
+0.1 (+0.47%)
At close:
20.85 USD
-0.32 (-1.51%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for EARTHSTONE ENERGY INC - A (ESTE).

Forecast Snapshot

Consensus Price Target

Price Target
$26.23
+ 23.90% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Mar 6, 2024
Period
Q3 / 2023
EPS Estimate
$0.79
Revenue Estimate
456.11M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$26.23
Upside
+ 23.90%
From current price of $21.17 to mean target of $26.23, Based on 13 analyst forecasts
Low
$20.20
Median
$26.52
High
$32.55

Price Target Revisions

1 Month
0.56%
3 Months
4.42%

Price Target Summary

13 Wall Street analysts provided a forecast for the next 12 months for ESTE. The average price target is 26.23 USD. This implies a price increase of 23.9% is expected in the next year compared to the current price of 21.17.
The average price target has been revised upward by 4.42% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ESTE Current Analyst RatingESTE Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

ESTE Historical Analyst RatingsESTE Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
ESTE was analyzed by 13 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about ESTE.
In the previous month the buy percentage consensus was at a similar level.
ESTE was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-09-18MizuhoMaintains Neutral -> Neutral
2023-09-12Capital OneDowngrade Overweight -> Equal-Weight
2023-08-22MizuhoReiterate Neutral -> Neutral
2023-08-16MizuhoMaintains Neutral -> Neutral
2023-07-19Capital OneInitiate Overweight
2023-07-19Stephens & Co.Reiterate Overweight -> Overweight
2023-07-14MizuhoMaintains Neutral -> Neutral
2023-06-20Truist SecuritiesMaintains Buy -> Buy
2023-06-16BenchmarkMaintains Buy -> Buy
2023-06-16Stephens & Co.Maintains Overweight -> Overweight
2023-05-19MizuhoMaintains Neutral -> Neutral
2023-04-25Stephens & Co.Initiate Overweight
2023-03-09BenchmarkReiterate Buy
2023-01-10MizuhoInitiate Neutral
2022-07-11Wells FargoMaintains Underweight
2022-07-06RBC CapitalDowngrade Outperform -> Sector Perform
2022-06-29RBC CapitalMaintains Outperform
2022-06-29Truist SecuritiesMaintains Buy
2022-04-14Stephens & Co.Initiate Equal-Weight
2021-12-17Wells FargoMaintains Underweight
2021-11-03BenchmarkInitiate Buy
2021-08-23Wells FargoDowngrade Equal-Weight -> Underweight
2021-07-08Roth CapitalMaintains Buy
2021-05-19Wells FargoDowngrade Overweight -> Equal-Weight
2021-05-04Roth CapitalMaintains Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Mar 6, 2024
Period
Q3 / 2023
EPS Estimate
$0.79
Revenue Estimate
456.11M
Revenue Q2Q
-14.18%
EPS Q2Q
-38.96%
Number of Analysts
11

Next Earnings Revisions

Revenue (1 Month)
-0.18%
Revenue (3 Months)
9.14%
EPS (1 Month)
0.22%
EPS (3 Months)
16.39%

Next Earnings Summary

ESTE is expected to report earnings on 3/6/2024. The consensus EPS estimate for the next earnings is 0.79 USD and the consensus revenue estimate is 456.11M USD.
The next earnings revenue estimate has been revised upward by 9.14% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
ESTE revenue by date.ESTE revenue by date.
144.5M
-24.46%		419.643M
190.41%		1.695B
303.95%		1.8B
6.19%		2.207B
22.61%		2.064B
-6.48%
EBITDA
YoY % growth
ESTE ebitda by date.ESTE ebitda by date.
76.7M
-37.23%		300.585M
291.90%		1.262B
319.94%		1.191B
-5.65%		1.502B
26.11%		1.43B
-4.79%
EBIT
YoY % growth
ESTE ebit by date.ESTE ebit by date.
-19.7M
-137.17%		194.218M
1,085.88%		960.453M
394.52%		700.26M
-27.09%		925.49M
32.16%		763.47M
-17.51%
Operating Margin
ESTE operating margin by date.ESTE operating margin by date.
-13.63%46.28%56.66%38.90%41.93%36.99%
EPS
YoY % growth
ESTE eps by date.ESTE eps by date.
0.48
-72.73%		1.24
158.33%		4.41
255.65%		3.16
-28.42%		4.33
37.17%		3.80
-12.29%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth		0.79
-38.96%		1.03
-1.06%		1.12
44.90%		1.06
100.92%		1.04
30.63%		1.08
5.17%		1.01
-9.49%		0.91
-14.75%		0.90
-13.41%		0.93
-14.23%
Revenue
Q2Q % growth		456.11M
-14.18%		545.12M
10.13%		570.78M
38.16%		544.72M
47.22%		547.24M
19.98%		561.12M
2.94%		541.62M
-5.11%		529.38M
-2.82%		532.44M
-2.70%		537.54M
-4.20%
EBITDA
Q2Q % growth		307.06M
-38.47%		367.92M
-31.13%		376.3M
37.67%		372.7M
11.38%		377.55M
22.96%		387.41M
5.30%		371.79M
-1.20%		367.2M
-1.48%		369.75M
-2.07%		373.32M
-3.64%
EBIT
Q2Q % growth		170.78M
-44.44%		222.28M
-4.36%		249.88M
53.70%		226.35M
98.74%		226.26M
32.49%		238.71M
7.39%		215.22M
-13.87%		196.86M
-13.03%		195.84M
-13.44%		199.92M
-16.25%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ESTE Yearly Revenue VS EstimatesESTE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
ESTE Yearly EPS VS EstimatesESTE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1 2 3 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-4.86%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
6.43%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
14.17%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

EARTHSTONE ENERGY INC - A / ESTE Forecast FAQ

Can you provide the average price target for EARTHSTONE ENERGY INC - A stock?

13 analysts have analysed ESTE and the average price target is 26.23 USD. This implies a price increase of 23.9% is expected in the next year compared to the current price of 21.17.

What is the next earnings date for ESTE stock?

EARTHSTONE ENERGY INC - A (ESTE) will report earnings on 2024-03-06, after the market close.

What are the consensus estimates for EARTHSTONE ENERGY INC - A (ESTE) next earnings?

The consensus EPS estimate for the next earnings of EARTHSTONE ENERGY INC - A (ESTE) is 0.79 USD and the consensus revenue estimate is 456.11M USD.

What is the consensus rating for EARTHSTONE ENERGY INC - A (ESTE) stock?

The consensus rating for EARTHSTONE ENERGY INC - A (ESTE) is 80 / 100 . This indicates that analysts generally have a positive outlook on the stock.