FY2019 EPS Estimates for SUNDANCE ENERGY/S (SNDE) Decreased by Analyst
SUNDANCE ENERGY/S (NASDAQ:SNDE) – Equities research analysts at Imperial Capital reduced their FY2019 earnings per share (EPS) estimates for shares of SUNDANCE ENERGY/S in a report issued on Monday, May 20th. Imperial Capital analyst I. Haas now forecasts that the energy company will earn $0.16 per share for the year, down from their prior forecast of $0.32. Imperial Capital has a “Outperform” rating and a $6.00 price objective on the stock.
SNDE has been the topic of several other reports. Zacks Investment Research raised SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research report on Friday, April 19th. Ifs Securities reissued a “strong-buy” rating on shares of SUNDANCE ENERGY/S in a research report on Sunday, February 3rd. Finally, Northland Securities reissued a “buy” rating and set a $8.00 price target on shares of SUNDANCE ENERGY/S in a research report on Thursday, March 21st. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $7.70.
An institutional investor recently bought a new position in SUNDANCE ENERGY/S stock. Citigroup Inc. bought a new position in SUNDANCE ENERGY/S (NASDAQ:SNDE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 23,166 shares of the energy company’s stock, valued at approximately $58,000. Citigroup Inc. owned 0.19% of SUNDANCE ENERGY/S at the end of the most recent reporting period. 0.01% of the stock is currently owned by institutional investors.
SUNDANCE ENERGY/S Company Profile
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.
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