Eclipse Resources Corporation (NYSE:ECR)‘s stock had its “equal weight” rating reiterated by equities researchers at Capital One Financial Corporation in a report released on Thursday.

Other research analysts have also recently issued research reports about the stock. Royal Bank Of Canada restated a “buy” rating and set a $3.50 price target on shares of Eclipse Resources Corporation in a research note on Friday, September 15th. BidaskClub upgraded shares of Eclipse Resources Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, August 2nd. BMO Capital Markets set a $3.00 price target on shares of Eclipse Resources Corporation and gave the stock a “hold” rating in a research note on Tuesday, October 10th. Goldman Sachs Group, Inc. (The) cut shares of Eclipse Resources Corporation from a “neutral” rating to a “sell” rating and cut their price target for the stock from $2.25 to $1.50 in a research note on Friday, September 8th. Finally, Barclays PLC raised their price target on shares of Eclipse Resources Corporation from $2.50 to $3.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 8th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $2.96.

Eclipse Resources Corporation (NYSE ECR) opened at $2.61 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.25 and a quick ratio of 1.25. Eclipse Resources Corporation has a one year low of $1.60 and a one year high of $3.32.

Eclipse Resources Corporation (NYSE:ECR) last announced its quarterly earnings results on Wednesday, November 8th. The energy producer reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. The firm had revenue of $91.55 million during the quarter, compared to analysts’ expectations of $90.67 million. Eclipse Resources Corporation had a negative net margin of 11.46% and a negative return on equity of 3.01%. The company’s revenue for the quarter was up 68.4% compared to the same quarter last year. During the same quarter last year, the company earned ($0.10) earnings per share. analysts expect that Eclipse Resources Corporation will post -0.06 earnings per share for the current fiscal year.

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Several large investors have recently bought and sold shares of ECR. Bank of New York Mellon Corp raised its stake in shares of Eclipse Resources Corporation by 8.7% in the first quarter. Bank of New York Mellon Corp now owns 392,498 shares of the energy producer’s stock valued at $997,000 after acquiring an additional 31,451 shares during the last quarter. UBS Asset Management Americas Inc. increased its holdings in shares of Eclipse Resources Corporation by 99.3% in the first quarter. UBS Asset Management Americas Inc. now owns 57,000 shares of the energy producer’s stock valued at $145,000 after purchasing an additional 28,400 shares in the last quarter. TIAA CREF Investment Management LLC increased its holdings in shares of Eclipse Resources Corporation by 34.1% in the first quarter. TIAA CREF Investment Management LLC now owns 394,307 shares of the energy producer’s stock valued at $1,002,000 after purchasing an additional 100,207 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Eclipse Resources Corporation by 2.2% in the first quarter. Geode Capital Management LLC now owns 645,200 shares of the energy producer’s stock valued at $1,638,000 after purchasing an additional 13,743 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Eclipse Resources Corporation by 24.0% in the first quarter. Dimensional Fund Advisors LP now owns 2,009,003 shares of the energy producer’s stock valued at $5,101,000 after purchasing an additional 388,924 shares in the last quarter. Institutional investors own 93.75% of the company’s stock.

Eclipse Resources Corporation Company Profile

Eclipse Resources Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Ordovician-aged Utica Shale is an unconventional reservoir consisting of organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet.

Analyst Recommendations for Eclipse Resources Corporation (NYSE:ECR)

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