$29.63 Million in Sales Expected for Sundance Energy Australia Ltd (SNDE) This Quarter

Equities analysts predict that Sundance Energy Australia Ltd (NASDAQ:SNDE) will post $29.63 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Sundance Energy Australia’s earnings. The lowest sales estimate is $24.60 million and the highest is $32.80 million. The business is scheduled to issue its next earnings results on Friday, March 30th.

On average, analysts expect that Sundance Energy Australia will report full year sales of $29.63 million for the current financial year, with estimates ranging from $117.90 million to $127.50 million. For the next fiscal year, analysts anticipate that the firm will report sales of $125.55 million per share, with estimates ranging from $120.20 million to $130.90 million. Zacks’ sales averages are a mean average based on a survey of sell-side research firms that cover Sundance Energy Australia.

A number of brokerages recently commented on SNDE. Stifel Nicolaus set a $10.00 price objective on shares of Sundance Energy Australia and gave the company a “buy” rating in a research note on Tuesday. Zacks Investment Research cut shares of Sundance Energy Australia from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. Seaport Global Securities raised shares of Sundance Energy Australia from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 19th. Finally, ValuEngine cut shares of Sundance Energy Australia from a “sell” rating to a “strong sell” rating in a research note on Sunday, December 31st. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $7.69.

Sundance Energy Australia (NASDAQ:SNDE) opened at $8.32 on Wednesday. Sundance Energy Australia has a twelve month low of $3.61 and a twelve month high of $16.00.

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Sundance Energy Australia Company Profile

Sundance Energy Australia Limited engages in the exploration, development, and production of oil and natural gas in the United States. The company’s exploration and development activities are focused in the Eagle Ford project in the South-Texas-Gulf Coast Basin; and the Mississippian/Woodford Formations in Oklahoma.

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