$0.14 EPS Expected for Sundance Energy Australia Ltd. (SNDE) This Quarter
Wall Street brokerages expect Sundance Energy Australia Ltd. (NASDAQ:SNDE) to announce earnings per share of $0.14 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Sundance Energy Australia’s earnings. The highest EPS estimate is $0.29 and the lowest is $0.00. The firm is scheduled to report its next earnings results on Monday, January 1st.
On average, analysts expect that Sundance Energy Australia will report full year earnings of $0.95 per share for the current financial year, with EPS estimates ranging from ($0.01) to $1.91. For the next year, analysts expect that the business will post earnings of $1.43 per share, with EPS estimates ranging from $0.00 to $2.87. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Sundance Energy Australia.
SNDE has been the subject of several research analyst reports. Stifel Nicolaus initiated coverage on Sundance Energy Australia in a report on Wednesday, April 12th. They issued a “hold” rating and a $12.00 price objective for the company. Zacks Investment Research raised Sundance Energy Australia from a “strong sell” rating to a “hold” rating in a report on Thursday, June 1st. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. Sundance Energy Australia currently has an average rating of “Buy” and an average target price of $22.00.
A hedge fund recently bought a new stake in Sundance Energy Australia stock. Nokomis Capital L.L.C. acquired a new stake in Sundance Energy Australia Ltd. (NASDAQ:SNDE) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 20,550,579 shares of the energy company’s stock, valued at approximately $3,258,000. Nokomis Capital L.L.C. owned approximately 328.49% of Sundance Energy Australia as of its most recent SEC filing. Institutional investors and hedge funds own 3.91% of the company’s stock.
Sundance Energy Australia (SNDE) opened at 5.75 on Tuesday. The stock’s 50 day moving average price is $6.49 and its 200 day moving average price is $10.99. Sundance Energy Australia has a 1-year low of $4.67 and a 1-year high of $17.99. The company’s market cap is $71.75 million.
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