Lonestar Resources US Inc. (NASDAQ:LONE) was downgraded by research analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a note issued to investors on Friday.

Other equities research analysts have also issued research reports about the company. Cowen and Company dropped their target price on Lonestar Resources US from $13.00 to $11.00 and set an “outperform” rating on the stock in a research report on Monday, April 10th. Roth Capital set a $15.00 target price on Lonestar Resources US and gave the company a “buy” rating in a research report on Wednesday, May 31st. Zacks Investment Research lowered Lonestar Resources US from a “hold” rating to a “sell” rating in a research report on Thursday, June 15th. Seaport Global Securities lowered Lonestar Resources US from a “buy” rating to a “neutral” rating and set a $3.25 target price on the stock. in a research report on Wednesday, June 21st. Finally, Wunderlich lifted their target price on Lonestar Resources US from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, May 31st. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $9.64.

Lonestar Resources US (NASDAQ:LONE) traded down 0.72% during trading on Friday, reaching $4.15. The company had a trading volume of 27,102 shares. The company has a 50 day moving average price of $4.15 and a 200 day moving average price of $5.57. Lonestar Resources US has a 52-week low of $3.31 and a 52-week high of $16.00. The company’s market capitalization is $90.57 million.

Lonestar Resources US (NASDAQ:LONE) last released its quarterly earnings data on Monday, May 15th. The energy company reported ($0.18) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by $0.09. Lonestar Resources US had a negative net margin of 124.20% and a negative return on equity of 40.31%. The business had revenue of $17.62 million for the quarter, compared to the consensus estimate of $17.67 million. On average, equities analysts forecast that Lonestar Resources US will post ($0.23) EPS for the current fiscal year.

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A number of large investors have recently made changes to their positions in LONE. Phoenix Investment Adviser LLC raised its stake in shares of Lonestar Resources US by 28.0% in the first quarter. Phoenix Investment Adviser LLC now owns 100,496 shares of the energy company’s stock worth $509,000 after buying an additional 22,000 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in shares of Lonestar Resources US by 54.4% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 258,593 shares of the energy company’s stock worth $1,308,000 after buying an additional 91,100 shares in the last quarter. Dialectic Capital Management LP raised its stake in shares of Lonestar Resources US by 17.5% in the first quarter. Dialectic Capital Management LP now owns 623,261 shares of the energy company’s stock worth $3,154,000 after buying an additional 92,971 shares in the last quarter. Finally, Northpointe Capital LLC raised its stake in shares of Lonestar Resources US by 71.2% in the first quarter. Northpointe Capital LLC now owns 1,189,994 shares of the energy company’s stock worth $6,021,000 after buying an additional 494,994 shares in the last quarter. 52.49% of the stock is currently owned by institutional investors and hedge funds.

Lonestar Resources US Company Profile

Lonestar Resources Limited is an Australia-based oil and gas exploration and production company. The Company is involved in the exploration, production and acquisition of unconventional oil and gas reserves. It holds interests in approximately 38,191 net acres in the Eagle Ford Shale, Bakken and Three Forks plays.

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Analyst Recommendations for Lonestar Resources US (NASDAQ:LONE)

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