Pioneer Natural Resources Company PE of 217.04 suggests that the assets is clearly overvalued right now, as a result traders are bullish because of future growth prospects of the business and supported by traders interest present in this Basic Materials sector as current assets price are expensive relative to its per-share earnings .
And in spite of a PE of 217.04, asset is not fairly valued as it is 25.08X higher to the sector which is a tad high in my opinion .
Pioneer Natural Resources Company versus the overall market has less systematic risk and a better performance rate at 0.98. Company with uptrend 5Y EPS at -3.60%, currently commands more price levels sustained by growth potential..
From company charts RSI 60.66 currently represents neutral trade movement and might break resistance in long term , looking ahead, current PXD prices are trending within a sideways range rather than trending up or down.
Pioneer Natural Resources Company current trade levels represent declines of under -20.28% from the 52 week high , this is normal market volatility . Pioneer Natural Resources Company are at notable , very significant support and resistance levels..
Pioneer Natural Resources Company trailing fiscal ROE is 1.20% much lower than most peers in the sector . Total Money flow for the day ended at $-195.15mn with tick up at $1506.13mn and tick down at $1701.28mn led to up /down ratio of 0.89x. With respect to block trades, money flow ended $-187.70mn with tick up at $278.17mn and tick down at $465.87mn led an up /down ratio of 0.60xCurrently the Basic Materials index is trading at 4436.52 with 1.71 change.
Basic Materials firms are on the down in 2017 , resulting in a grim earnings-per-share forecast at -87.60%. Company continue to see ROA at 0.80% with business being asset intensiveit can’t be disputed that Pioneer Natural Resources Company Corporate Health has been low with ROA coming in lower.
With Quick R at 1.6 Pioneer Natural Resources Company liquidity stance is strong , more specifically company’s current short-term liquidity position is strong . Pioneer Natural Resources Company continues to hold above at 0.49% over the past 200 days .
The company has above average liquidity position with both the Current Ratio and the Quick Ratio , which are currently at manageable levels of 1.7 times . With strong Market-to-Book ratio at 2.56 company is in strong position to pay off debts.
End of the day Monday, Dec 18 market cap stood at $27229.26 M , however we prefer enterprise value against market cap for fair value. forward-looking indicator for Pioneer Natural Resources Company stocks are currently being seen at 50.56X lower PE by 217.04, still at current trends analysts expect earning can uptrend better than expected .