Lonestar Resources US (NASDAQ:LONE) is scheduled to post its quarterly earnings results before the market opens on Tuesday, November 6th. Analysts expect Lonestar Resources US to post earnings of $0.01 per share for the quarter.
Lonestar Resources US (NASDAQ:LONE) last issued its quarterly earnings data on Sunday, August 5th. The energy company reported ($0.14) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.11). Lonestar Resources US had a negative return on equity of 5.39% and a negative net margin of 37.79%. The company had revenue of $47.85 million for the quarter, compared to analyst estimates of $43.59 million. On average, analysts expect Lonestar Resources US to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of Lonestar Resources US stock opened at $7.55 on Friday. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.20 and a quick ratio of 0.20. Lonestar Resources US has a 1 year low of $3.30 and a 1 year high of $11.24. The company has a market cap of $186.01 million, a P/E ratio of -17.98 and a beta of 0.32.
In other Lonestar Resources US news, Director John H. Murray purchased 7,600 shares of the business’s stock in a transaction on Monday, August 13th. The stock was bought at an average cost of $8.79 per share, for a total transaction of $66,804.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John H. Murray purchased 15,400 shares of the business’s stock in a transaction on Friday, August 10th. The stock was acquired at an average price of $8.49 per share, with a total value of $130,746.00. The disclosure for this purchase can be found here. Insiders own 2.30% of the company’s stock.
A hedge fund recently bought a new stake in Lonestar Resources US stock. Bank of New York Mellon Corp acquired a new stake in shares of Lonestar Resources US Inc (NASDAQ:LONE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 12,046 shares of the energy company’s stock, valued at approximately $102,000. 46.74% of the stock is currently owned by hedge funds and other institutional investors.
Several research analysts recently issued reports on the company. Zacks Investment Research downgraded Lonestar Resources US from a “buy” rating to a “hold” rating in a research report on Wednesday, July 25th. Seaport Global Securities reiterated a “buy” rating on shares of Lonestar Resources US in a report on Monday, August 13th. Cowen reiterated a “buy” rating and issued a $13.00 price target on shares of Lonestar Resources US in a report on Friday, July 20th. Finally, SunTrust Banks assumed coverage on Lonestar Resources US in a report on Wednesday, July 18th. They issued a “buy” rating and a $17.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $11.08.
About Lonestar Resources US
Lonestar Resources US Inc, an independent oil and gas company, engages in the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas properties in the United States. The company primarily focuses on Eagle Ford Shale properties in Texas counties. Lonestar Resources US Inc was incorporated in 2015 and is headquartered in Fort Worth, Texas.
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