SUNDANCE ENERGY/S (NASDAQ:SNDE) – Analysts at SunTrust Banks decreased their Q1 2019 EPS estimates for shares of SUNDANCE ENERGY/S in a report issued on Sunday, May 5th, according to Zacks Investment Research. SunTrust Banks analyst W. Fitzpatrick now anticipates that the energy company will post earnings of $0.00 per share for the quarter, down from their previous forecast of $0.02.
A number of other research analysts also recently commented on the stock. Imperial Capital began coverage on shares of SUNDANCE ENERGY/S in a research report on Thursday, May 2nd. They set an “outperform” rating and a $6.00 target price on the stock. Zacks Investment Research raised shares of SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research report on Friday, April 26th. Northland Securities reissued a “buy” rating and set a $8.00 target price on shares of SUNDANCE ENERGY/S in a research report on Thursday, March 21st. Finally, Ifs Securities reissued a “strong-buy” rating on shares of SUNDANCE ENERGY/S in a research report on Sunday, February 3rd. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $7.70.
An institutional investor recently bought a new position in SUNDANCE ENERGY/S stock. Citigroup Inc. acquired a new position in SUNDANCE ENERGY/S (NASDAQ:SNDE) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 23,166 shares of the energy company’s stock, valued at approximately $58,000. Citigroup Inc. owned about 0.19% of SUNDANCE ENERGY/S as of its most recent SEC filing. 0.01% of the stock is owned by institutional investors.
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.
Further Reading: Diluted Earnings Per Share
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