Revenue Update on Dynegy(NYSE:DYN)

Dynegy(NYSE:DYN) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $904.00M. Analysts estimated a revenue of $1.05B. Earnings per share were $-1.22. Analysts had estimated an EPS of $-0.50.

In a different note, On Jun 29, 2016, Citigroup said it Upgrades its rating on Dynegy. In the research note, the firm Lowers the price-target to $21.00 per share. The shares have been rated ‘Buy’ by the firm. On Jun 10, 2016, Citigroup said it Downgrades its rating on Dynegy. In the research note, the firm Raises the price-target to $20.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jun 9, 2016, UBS said it Downgrades its rating on Dynegy. The shares have been rated ‘Neutral’ by the firm. On May 20, 2016, Barclays said it Maintains its rating on Dynegy. In the research note, the firm Raises the price-target to $20.00 per share. The shares have been rated ‘Overweight’ by the firm.

Dynegy (DYN) made into the market gainers list on Fridays trading session with the shares advancing 0.73% or 0.09 points. Due to strong positive momentum, the stock ended at $12.47, which is also near the day’s high of $12.75. The stock began the session at $12.44 and the volume stood at 19,58,404 shares. The 52-week high of the shares is $26.89 and the 52 week low is $7.2. The company has a current market capitalization of $1,463 M and it has 11,72,88,474 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Mar 1, 2016, Robert C Flexon (CEO) purchased 10,000 shares at $10.08 per share price.Also, On Dec 10, 2015, Patrick Iii Wood (director) purchased 6,400 shares at $11.61 per share price.On Nov 12, 2015, Daniel P. Thompson (EVP) purchased 1,000 shares at $17.55 per share price, according to the Form-4 filing with the securities and exchange commission.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Dynegy - Is it time to Sell?

Top Brokerage Firms are advising their investors on Dynegy. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.