Equities analysts forecast that Stone Energy Corporation (NYSE:SGY) will announce $0.03 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Stone Energy’s earnings. Stone Energy posted earnings of ($27.68) per share in the same quarter last year, which indicates a positive year-over-year growth rate of 100.1%. The business is scheduled to announce its next earnings results on Thursday, February 22nd.

On average, analysts expect that Stone Energy will report full year earnings of ($1.17) per share for the current year. For the next fiscal year, analysts anticipate that the company will report earnings of $0.17 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Stone Energy.

Stone Energy (NYSE:SGY) last announced its quarterly earnings data on Wednesday, November 1st. The oil and natural gas company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.31) by $0.37. Stone Energy had a return on equity of 590.23% and a net margin of 68.43%. The firm had revenue of $79.53 million for the quarter. During the same quarter in the previous year, the company earned ($0.02) EPS.

Several analysts have issued reports on the company. BidaskClub upgraded Stone Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. ValuEngine cut Stone Energy from a “sell” rating to a “strong sell” rating in a research note on Friday. National Securities cut Stone Energy from a “buy” rating to a “neutral” rating in a research note on Tuesday. Scotiabank restated a “hold” rating and set a $2.50 price objective on shares of Stone Energy in a research note on Tuesday, October 10th. Finally, Zacks Investment Research upgraded Stone Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $5.08.

Shares of Stone Energy (NYSE SGY) traded up $1.20 during midday trading on Friday, reaching $26.54. The company’s stock had a trading volume of 218,127 shares, compared to its average volume of 203,147. Stone Energy has a 12-month low of $16.50 and a 12-month high of $35.83. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.20 and a current ratio of 2.20.

Large investors have recently bought and sold shares of the company. Teachers Advisors LLC bought a new position in shares of Stone Energy during the second quarter valued at approximately $638,000. TIAA CREF Investment Management LLC bought a new position in shares of Stone Energy during the second quarter valued at approximately $1,572,000. Schwab Charles Investment Management Inc. bought a new position in shares of Stone Energy during the second quarter valued at approximately $1,740,000. Royce & Associates LP bought a new position in shares of Stone Energy during the second quarter valued at approximately $3,943,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Stone Energy during the second quarter valued at approximately $821,000. 97.09% of the stock is owned by institutional investors.

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Stone Energy Company Profile

Stone Energy Corporation is an independent oil and natural gas company. The Company is engaged in the acquisition, exploration, exploitation, development and operation of oil and gas properties. The Company operates in the Gulf of Mexico (GOM) basin. It has leveraged its operations in the GOM conventional shelf and has its reserve base in the prolific basins of the GOM deep water, Gulf Coast deep gas, and the Marcellus and Utica shales in Appalachia.

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