SUNDANCE ENERGY/S (NASDAQ:SNDE) – Analysts at SunTrust Banks increased their Q2 2019 EPS estimates for shares of SUNDANCE ENERGY/S in a research note issued on Monday, April 29th, according to Zacks Investment Research. SunTrust Banks analyst W. Fitzpatrick now expects that the energy company will earn $0.09 per share for the quarter, up from their prior estimate of $0.07. SunTrust Banks also issued estimates for SUNDANCE ENERGY/S’s Q3 2019 earnings at $0.13 EPS, Q4 2019 earnings at $0.15 EPS, FY2019 earnings at $0.38 EPS, Q1 2020 earnings at $0.14 EPS, Q2 2020 earnings at $0.13 EPS, Q3 2020 earnings at $0.13 EPS, Q4 2020 earnings at $0.14 EPS and FY2020 earnings at $0.54 EPS.
Several other brokerages have also recently issued reports on SNDE. Zacks Investment Research raised SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research report on Friday, April 26th. Ifs Securities reaffirmed a “strong-buy” rating on shares of SUNDANCE ENERGY/S in a research report on Sunday, February 3rd. Northland Securities reaffirmed 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, Imperial Capital started coverage on 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. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $7.70.
A hedge fund recently bought a new stake in SUNDANCE ENERGY/S stock. Citigroup Inc. acquired a new position in SUNDANCE ENERGY/S (NASDAQ:SNDE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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. Institutional investors and hedge funds 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.
Featured Story: Overbought
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for SUNDANCE ENERGY/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SUNDANCE ENERGY/S and related companies with MarketBeat.com's FREE daily email newsletter.