SUNDANCE ENERGY/S (NASDAQ:SNDE) has been assigned an average rating of “Hold” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $35.00.
A number of equities research analysts have commented on SNDE shares. ValuEngine upgraded SUNDANCE ENERGY/S from a “hold” rating to a “buy” rating in a research note on Wednesday, May 27th. Zacks Investment Research upgraded SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research note on Saturday, August 29th.
Shares of SUNDANCE ENERGY/S stock opened at $2.18 on Thursday. The business has a fifty day simple moving average of $2.29 and a two-hundred day simple moving average of $2.92. The firm has a market capitalization of $14.99 million, a P/E ratio of -3.76 and a beta of 3.01. SUNDANCE ENERGY/S has a 12 month low of $1.00 and a 12 month high of $23.78. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.94.
SUNDANCE ENERGY/S (NASDAQ:SNDE) last released its quarterly earnings results on Monday, August 10th. The energy company reported ($1.85) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($1.29) by ($0.56). The firm had revenue of $15.13 million for the quarter, compared to the consensus estimate of $28.00 million. SUNDANCE ENERGY/S had a net margin of 12.93% and a negative return on equity of 8.72%. Analysts predict that SUNDANCE ENERGY/S will post -7.29 earnings per share for the current year.
A number of institutional investors have recently added to or reduced their stakes in the business. Bridgeway Capital Management Inc. acquired a new stake in shares of SUNDANCE ENERGY/S in the second quarter valued at $92,000. Morgan Stanley acquired a new stake in SUNDANCE ENERGY/S during the 1st quarter valued at $440,000. Finally, Advisory Research Inc. acquired a new stake in SUNDANCE ENERGY/S during the 1st quarter valued at $981,000. Institutional investors own 11.05% of the company’s stock.
SUNDANCE ENERGY/S Company Profile
Sundance Energy Australia Limited operates as an onshore oil and gas company in the United States. The company explores for, develops, and produces oil and natural gas. Its exploration and development activities are focused on the Eagle Ford project in the South-Texas-Gulf Coast Basin. Sundance Energy Australia Limited was incorporated in 2004 and is based in Wayville, Australia.
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