Rosehill Resources (NASDAQ:ROSE) – Research analysts at B. Riley reduced their Q2 2018 earnings per share (EPS) estimates for shares of Rosehill Resources in a report released on Thursday, April 26th. B. Riley analyst R. Rashid now forecasts that the company will post earnings per share of $0.23 for the quarter, down from their prior estimate of $0.35. B. Riley currently has a “Buy” rating and a $9.50 target price on the stock. B. Riley also issued estimates for Rosehill Resources’ Q3 2018 earnings at $0.31 EPS, Q4 2018 earnings at $0.39 EPS, Q1 2019 earnings at $0.49 EPS, Q2 2019 earnings at $0.59 EPS, Q3 2019 earnings at $0.70 EPS, Q4 2019 earnings at $0.81 EPS, Q1 2020 earnings at $0.67 EPS and FY2020 earnings at $2.97 EPS.

A number of other brokerages have also issued reports on ROSE. ValuEngine raised Rosehill Resources from a “strong sell” rating to a “sell” rating in a research note on Wednesday, April 18th. Zacks Investment Research raised Rosehill Resources from a “hold” rating to a “buy” rating and set a $9.00 target price for the company in a research report on Tuesday. Eurobank EFG initiated coverage on Rosehill Resources in a research report on Tuesday, March 6th. They set a “buy” rating and a $12.00 target price for the company. Finally, Northland Securities initiated coverage on Rosehill Resources in a research report on Wednesday, January 17th. They set an “outperform” rating and a $14.00 target price for the company. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $11.13.

NASDAQ:ROSE opened at $7.89 on Friday. The company has a market capitalization of $293.64, a PE ratio of -48.81 and a beta of 1.66. Rosehill Resources has a 1 year low of $5.52 and a 1 year high of $10.84. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.42 and a quick ratio of 0.42.

In other Rosehill Resources news, major shareholder Principal Fund L.P. K2 sold 7,564 shares of Rosehill Resources stock in a transaction on Thursday, April 19th. The stock was sold at an average price of $7.56, for a total transaction of $57,183.84. Following the completion of the sale, the insider now directly owns 427,470 shares of the company’s stock, valued at approximately $3,231,673.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Geode Capital Master Fund Ltd. sold 3,574 shares of Rosehill Resources stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $7.51, for a total value of $26,840.74. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 155,855 shares of company stock valued at $1,142,175. 1.40% of the stock is currently owned by corporate insiders.

Several large investors have recently made changes to their positions in the company. Wells Fargo & Company MN increased its holdings in shares of Rosehill Resources by 10.2% in the 4th quarter. Wells Fargo & Company MN now owns 147,808 shares of the company’s stock valued at $1,162,000 after acquiring an additional 13,633 shares during the period. BlackRock Inc. increased its holdings in shares of Rosehill Resources by 12.6% in the 4th quarter. BlackRock Inc. now owns 131,055 shares of the company’s stock valued at $1,031,000 after acquiring an additional 14,619 shares during the period. Finally, Geode Capital Management LLC purchased a new position in shares of Rosehill Resources in the 4th quarter valued at $406,000. Institutional investors and hedge funds own 5.90% of the company’s stock.

Rosehill Resources Company Profile

Rosehill Resources Inc, an independent oil and natural gas company, focuses on the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. As of December 31, 2016, it operated 20 horizontal and 1 vertical wells in the Permian Basin; and 18 vertical and 21 horizontal wells in the Barnett Shale in the Fort Worth Basin.

Earnings History and Estimates for Rosehill Resources (NASDAQ:ROSE)

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