Equities analysts expect that Jones Energy, Inc. (NYSE:JONE) will report ($0.17) earnings per share (EPS) for the current quarter, according to Zacks. Four analysts have made estimates for Jones Energy’s earnings, with estimates ranging from ($0.22) to ($0.12). Jones Energy reported earnings of ($0.02) per share during the same quarter last year, which indicates a negative year over year growth rate of 750%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, November 1st.

On average, analysts expect that Jones Energy will report full year earnings of ($0.19) per share for the current year, with EPS estimates ranging from ($0.28) to ($0.08). For the next year, analysts expect that the company will report earnings of ($0.60) per share, with EPS estimates ranging from ($1.08) to ($0.09). Zacks’ EPS averages are an average based on a survey of sell-side analysts that follow Jones Energy.

Jones Energy (NYSE:JONE) last posted its quarterly earnings data on Thursday, August 3rd. The oil and gas producer reported $0.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.30. Jones Energy had a negative net margin of 79.19% and a positive return on equity of 0.09%. The firm had revenue of $48.60 million for the quarter, compared to the consensus estimate of $53.93 million. During the same quarter in the prior year, the company posted ($0.09) earnings per share. The company’s revenue for the quarter was up 67.0% compared to the same quarter last year.

Several brokerages have recently weighed in on JONE. Zacks Investment Research lowered Jones Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 25th. ValuEngine lowered Jones Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. Finally, J P Morgan Chase & Co lowered Jones Energy from an “overweight” rating to a “neutral” rating and set a $1.50 target price on the stock. in a research report on Thursday, July 20th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $3.96.

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Jones Energy (NYSE JONE) opened at 1.22 on Tuesday. The firm’s market cap is $88.76 million. The stock’s 50 day moving average is $1.48 and its 200 day moving average is $1.60. Jones Energy has a 12-month low of $0.85 and a 12-month high of $4.91.

In other Jones Energy news, major shareholder Metalmark Capital Ii Llc sold 100,000 shares of Jones Energy stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $1.19, for a total transaction of $119,000.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last ninety days, insiders have sold 1,307,291 shares of company stock worth $1,933,494. 37.20% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Highbridge Capital Management LLC increased its position in Jones Energy by 4.3% during the first quarter. Highbridge Capital Management LLC now owns 42,280 shares of the oil and gas producer’s stock worth $108,000 after buying an additional 1,735 shares during the period. Penn Capital Management Co. Inc. increased its position in Jones Energy by 9.5% during the second quarter. Penn Capital Management Co. Inc. now owns 1,502,361 shares of the oil and gas producer’s stock worth $2,404,000 after buying an additional 130,842 shares during the period. Parkwood LLC increased its position in Jones Energy by 15.3% during the second quarter. Parkwood LLC now owns 172,800 shares of the oil and gas producer’s stock worth $276,000 after buying an additional 22,950 shares during the period. Geode Capital Management LLC increased its position in Jones Energy by 30.7% during the first quarter. Geode Capital Management LLC now owns 494,884 shares of the oil and gas producer’s stock worth $1,261,000 after buying an additional 116,385 shares during the period. Finally, Goodman Financial Corp increased its position in Jones Energy by 12.6% during the second quarter. Goodman Financial Corp now owns 1,707,549 shares of the oil and gas producer’s stock worth $2,732,000 after buying an additional 191,622 shares during the period. 59.57% of the stock is currently owned by institutional investors.

Jones Energy Company Profile

Jones Energy, Inc is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma.

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