FY2021 EPS Estimates for SUNDANCE ENERGY/S (NASDAQ:SNDE) Decreased by Analyst

SUNDANCE ENERGY/S (NASDAQ:SNDE) – Equities researchers at SunTrust Banks dropped their FY2021 earnings estimates for SUNDANCE ENERGY/S in a research note issued on Tuesday, February 11th. SunTrust Banks analyst W. Fitzpatrick now expects that the energy company will post earnings per share of $1.56 for the year, down from their prior forecast of $1.58.

Other research analysts have also issued reports about the stock. Stifel Nicolaus reaffirmed a “buy” rating and issued a $68.00 price objective on shares of SUNDANCE ENERGY/S in a research note on Wednesday, December 4th. Zacks Investment Research upgraded shares of SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research report on Thursday, January 23rd. Northland Securities reiterated a “buy” rating and set a $4.00 target price on shares of SUNDANCE ENERGY/S in a research report on Friday, November 1st. Finally, ValuEngine upgraded shares of SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research report on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $26.00.

NASDAQ SNDE remained flat at $$9.95 on Friday. 80 shares of the company traded hands, compared to its average volume of 12,183. SUNDANCE ENERGY/S has a fifty-two week low of $7.50 and a fifty-two week high of $36.70. The stock’s 50 day moving average is $14.78 and its two-hundred day moving average is $6.73. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.95.

A hedge fund recently raised its stake in SUNDANCE ENERGY/S stock. Citigroup Inc. raised its stake in shares of SUNDANCE ENERGY/S (NASDAQ:SNDE) by 410.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 136,015 shares of the energy company’s stock after purchasing an additional 109,389 shares during the quarter. Citigroup Inc. owned 0.20% of SUNDANCE ENERGY/S worth $2,582,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 0.08% of the stock is currently owned by institutional investors.

About SUNDANCE ENERGY/S

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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Earnings History and Estimates for SUNDANCE ENERGY/S (NASDAQ:SNDE)

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