Stock Downgrades: Emulex Corporation (NYSE:ELX), EXCO Resources (NYSE:XCO), Helmerich & Payne (NYSE:HP), Clean Harbors Inc (NYSE:CLH)

Emulex Corporation (NYSE:ELX) was downgraded by research analysts at DA Davidson from a “buy” rating to an “underperform” rating in a report released on Thursday. Emulex Corporation (NYSE:ELX) stock performance was -30.63% in last session and finished the day at $4.96. Traded volume was 13.28million shares in the last session and the average volume of the stock remained 869.58K shares. The beta of the stock remained 2.21. Emulex Corporation (NYSE:ELX) insider ownership is 1.80%.

EXCO Resources Inc (NYSE:XCO) was downgraded by stock analysts at RBC Capital from a “sector perform” rating to an “underperform” rating in a report issued on Thursday. EXCO Resources Inc (NYSE:XCO) dropped -6.30 percent to $5.95 Thursday on volume of 9.32million shares. The intra-day range of the stock was $5.91 to $6.23. EXCO Resources Inc (NYSE:XCO) has a market capitalization of $1.62billion.

Helmerich & Payne Inc (NYSE:HP) was downgraded by equities researchers at Howard Weil from a “sector outperform” rating to a “sector perform” rating in a research report issued on Thursday. Helmerich & Payne, Inc. (NYSE:HP)’s stock on May 1, 2014 reported a decrease of -2.87% to the closing price of $105.53. Its fifty two weeks range is $57.11 -$117.00. The total market capitalization recorded $11.35billion. The overall volume in the last trading session was 1.51million shares. In its share capital, HP has 107.53million outstanding shares.

Clean Harbors Inc (NYSE:CLH) was downgraded by stock analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating in a report issued on Thursday. Clean Harbors (NYSE:CLH) last released its earnings data on Wednesday, February 26th. The company reported $0.44 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.55 by $0.11. The company had revenue of $879.40 million for the quarter, compared to the consensus estimate of $894.41 million. On Thursday, shares of Clean Harbors Inc (NYSE:CLH) dropped -0.87% to close the day at $59.48. Company return on investment (ROI) is 6.00% and its monthly performance is recorded as 11.80%. Clean Harbors Inc (NYSE:CLH) quarterly revenue growth is 5.80%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone