Wall Street analysts expect Lonestar Resources US Inc (NASDAQ:LONE) to post earnings of ($0.09) per share for the current quarter, Zacks reports. Four analysts have made estimates for Lonestar Resources US’s earnings. The highest EPS estimate is ($0.05) and the lowest is ($0.12). Lonestar Resources US reported earnings of ($0.14) per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 35.7%. The firm is expected to report its next earnings results after the market closes on Monday, August 5th.
On average, analysts expect that Lonestar Resources US will report full year earnings of ($0.52) per share for the current financial year, with EPS estimates ranging from ($0.65) to ($0.38). For the next fiscal year, analysts forecast that the business will post earnings of $0.34 per share, with EPS estimates ranging from ($0.10) to $1.00. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Lonestar Resources US.
Lonestar Resources US (NASDAQ:LONE) last announced its quarterly earnings data on Monday, May 13th. The energy company reported ($0.14) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.02). Lonestar Resources US had a positive return on equity of 1.78% and a negative net margin of 9.68%. The firm had revenue of $40.74 million during the quarter, compared to the consensus estimate of $42.10 million.
Several research firms have issued reports on LONE. ValuEngine lowered shares of Zosano Pharma from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st. Northland Securities set a $6.00 target price on shares of Lonestar Resources US and gave the company a “buy” rating in a research report on Monday, July 8th. TheStreet downgraded shares of YRC Worldwide from a “c” rating to a “d+” rating in a research report on Wednesday, May 15th. Zacks Investment Research downgraded shares of H&E Equipment Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 17th. Finally, B. Riley set a $13.00 price objective on shares of Audioeye and gave the stock a “buy” rating in a research report on Monday, May 13th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company’s stock. Lonestar Resources US presently has a consensus rating of “Buy” and a consensus target price of $7.38.
LONE stock traded down $0.09 during trading on Wednesday, hitting $2.41. 505 shares of the company’s stock traded hands, compared to its average volume of 113,758. The company has a market capitalization of $63.32 million, a price-to-earnings ratio of -36.29 and a beta of 2.04. The stock’s fifty day moving average price is $2.44. The company has a debt-to-equity ratio of 2.72, a current ratio of 0.42 and a quick ratio of 0.42. Lonestar Resources US has a 1 year low of $1.93 and a 1 year high of $10.88.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Wasatch Advisors Inc. grew its position in shares of Lonestar Resources US by 84.8% in the 1st quarter. Wasatch Advisors Inc. now owns 1,220,580 shares of the energy company’s stock valued at $4,895,000 after buying an additional 560,044 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Lonestar Resources US by 35.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 883,200 shares of the energy company’s stock valued at $3,224,000 after acquiring an additional 229,917 shares in the last quarter. Victory Capital Management Inc. lifted its stake in shares of Lonestar Resources US by 29.3% in the first quarter. Victory Capital Management Inc. now owns 458,726 shares of the energy company’s stock valued at $1,839,000 after purchasing an additional 103,900 shares during the period. CAPROCK Group Inc. lifted its stake in shares of Lonestar Resources US by 4.8% in the first quarter. CAPROCK Group Inc. now owns 169,200 shares of the energy company’s stock valued at $678,000 after purchasing an additional 7,814 shares during the period. Finally, Deutsche Bank AG lifted its stake in shares of Lonestar Resources US by 325.8% in the fourth quarter. Deutsche Bank AG now owns 143,500 shares of the energy company’s stock valued at $523,000 after purchasing an additional 109,800 shares during the period. Institutional investors and hedge funds own 57.41% of the company’s stock.
Lonestar Resources US Company Profile
Lonestar Resources US Inc, an independent oil and gas company, engages in the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas properties in the United States. The company primarily focuses on Eagle Ford Shale properties that cover an area of 57,491 net acres in Texas counties.
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