UBS Adjusts PT & Estimates on Willbros Group (WG); Company Continues to Turn Corner

May 9, 2012 12:08 PM EDT
Get Alerts WG Hot Sheet
Price: $2.88 --0%

Rating Summary:
    1 Buy, 10 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 23 | Down: 31 | New: 34
Trade WG Now!
Join SI Premium – FREE
UBS maintains a 'Neutral' on Willbros Group (NYSE: WG) price target raised from $4.25 to $5.50.

Analyst, Steven Fisher, said, "WG Q1 continuing EPS of -$0.48 misses Street of -$0.21 due to taxes...Backlog increased 8% seq driven by Oil & Gas; debt reduction unchanged...Business continues to improve but some work being pushed to the right."

However, Fisher cuts FY12 EPS estimates from $0.35 to $0.05 and FY13 from $0.90 to $0.65.

For an analyst ratings summary and ratings history on Willbros Group click here. For more ratings news on Willbros Group click here.

Shares of Willbros Group closed at $4.98 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change

Related Entities


Add Your Comment