Stone Energy Co. (NYSE:SGY) – Stock analysts at Capital One Financial issued their Q1 2018 earnings per share (EPS) estimates for shares of Stone Energy in a note issued to investors on Thursday. Capital One Financial analyst R. Tullis forecasts that the oil and natural gas company will earn $0.38 per share for the quarter. Capital One Financial also issued estimates for Stone Energy’s Q2 2018 earnings at $0.29 EPS, Q3 2018 earnings at $0.41 EPS and Q4 2018 earnings at $0.36 EPS.

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

Several other research firms have also commented on SGY. Zacks Investment Research lowered Stone Energy from a “buy” rating to a “hold” rating in a report on Friday, January 5th. BMO Capital Markets reaffirmed a “buy” rating and set a $2.75 target price on shares of Stone Energy in a report on Wednesday, November 15th. Canaccord Genuity reaffirmed a “buy” rating and set a $3.25 target price on shares of Stone Energy in a report on Thursday, December 14th. Scotiabank reaffirmed a “hold” rating and set a $2.50 target price on shares of Stone Energy in a report on Tuesday, October 10th. Finally, National Securities lowered Stone Energy from a “buy” rating to a “neutral” rating in a report on Tuesday, November 28th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $9.50.

Stone Energy (NYSE:SGY) opened at $36.33 on Monday. Stone Energy has a fifty-two week low of $16.50 and a fifty-two week high of $39.80. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.81.

A number of hedge funds have recently modified their holdings of the stock. Susquehanna International Group LLP bought a new position in Stone Energy in the 3rd quarter worth approximately $206,000. Nationwide Fund Advisors bought a new position in Stone Energy in the 2nd quarter worth approximately $204,000. Federated Investors Inc. PA bought a new position in Stone Energy in the 2nd quarter worth approximately $207,000. New York State Common Retirement Fund bought a new position in Stone Energy in the 2nd quarter worth approximately $384,000. Finally, Parametric Portfolio Associates LLC bought a new position in Stone Energy in the 2nd quarter worth approximately $386,000. 97.09% of the stock is owned by institutional investors and hedge funds.

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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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