SUNDANCE ENERGY/S (NASDAQ:SNDE) – Equities research analysts at Seaport Global Securities lowered their Q1 2019 EPS estimates for SUNDANCE ENERGY/S in a report issued on Wednesday, April 24th, Zacks Investment Research reports. Seaport Global Securities analyst J. Aschenbeck now forecasts that the energy company will post earnings of ($0.01) per share for the quarter, down from their previous forecast of $0.11. Seaport Global Securities also issued estimates for SUNDANCE ENERGY/S’s Q1 2020 earnings at $0.09 EPS, Q2 2020 earnings at $0.09 EPS, Q3 2020 earnings at $0.11 EPS, Q4 2020 earnings at $0.12 EPS and FY2020 earnings at $0.41 EPS.
Several other equities research analysts also recently issued reports on the company. Zacks Investment Research raised SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research note on Wednesday, April 3rd. Ifs Securities reissued a “strong-buy” rating on shares of SUNDANCE ENERGY/S in a research note on Sunday, February 3rd. Imperial Capital started coverage on SUNDANCE ENERGY/S in a research note on Thursday, May 2nd. They issued an “outperform” rating and a $6.00 price objective for the company. Finally, Northland Securities reaffirmed a “buy” rating and set a $8.00 price target on shares of SUNDANCE ENERGY/S in a research note on Thursday, March 21st. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $7.70.
SUNDANCE ENERGY/S stock traded up $0.10 during mid-day trading on Friday, hitting $2.85. The company’s stock had a trading volume of 1,314 shares, compared to its average volume of 7,611. SUNDANCE ENERGY/S has a 52-week low of $2.12 and a 52-week high of $6.76.
A hedge fund recently bought a new stake in SUNDANCE ENERGY/S stock. Citigroup Inc. purchased a new position in shares of SUNDANCE ENERGY/S (NASDAQ:SNDE) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 23,166 shares of the energy company’s stock, valued at approximately $58,000. Citigroup Inc. owned approximately 0.19% of SUNDANCE ENERGY/S at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.01% of the company’s stock.
About SUNDANCE ENERGY/S
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.