Equities research analysts expect that Rosehill Resources Inc (NASDAQ:ROSE) will report $84.56 million in sales for the current quarter, according to Zacks. Five analysts have provided estimates for Rosehill Resources’ earnings. The lowest sales estimate is $77.00 million and the highest is $88.30 million. Rosehill Resources reported sales of $80.53 million in the same quarter last year, which would suggest a positive year over year growth rate of 5%. The business is scheduled to issue its next earnings results on Tuesday, August 13th.
On average, analysts expect that Rosehill Resources will report full-year sales of $327.48 million for the current fiscal year, with estimates ranging from $312.20 million to $340.90 million. For the next financial year, analysts anticipate that the firm will report sales of $397.52 million, with estimates ranging from $374.00 million to $426.30 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that cover Rosehill Resources.
Rosehill Resources (NASDAQ:ROSE) last posted its quarterly earnings results on Tuesday, May 14th. The company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $3.10. The firm had revenue of $71.86 million for the quarter, compared to analysts’ expectations of $74.48 million. Rosehill Resources had a net margin of 6.78% and a return on equity of 171.78%.
A number of brokerages have weighed in on ROSE. Zacks Investment Research cut shares of Rosehill Resources from a “buy” rating to a “hold” rating in a report on Thursday, May 30th. Northland Securities set a $8.00 price objective on shares of Rosehill Resources and gave the stock a “buy” rating in a report on Thursday, March 28th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $8.90.
ROSE traded up $0.03 during trading on Wednesday, hitting $3.33. The company had a trading volume of 41 shares, compared to its average volume of 99,036. The company has a market cap of $148.51 million, a P/E ratio of 15.81 and a beta of 3.43. The stock has a 50-day moving average of $3.32. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 4.21. Rosehill Resources has a 1-year low of $1.95 and a 1-year high of $9.44.
Several hedge funds have recently added to or reduced their stakes in the stock. Quantum Capital Management increased its holdings in shares of Rosehill Resources by 2.6% in the 1st quarter. Quantum Capital Management now owns 937,661 shares of the company’s stock worth $3,188,000 after acquiring an additional 23,373 shares during the period. Q Global Advisors LLC increased its holdings in shares of Rosehill Resources by 155.7% in the 4th quarter. Q Global Advisors LLC now owns 418,823 shares of the company’s stock worth $934,000 after acquiring an additional 255,000 shares during the period. Vanguard Group Inc. increased its holdings in shares of Rosehill Resources by 142.4% in the 3rd quarter. Vanguard Group Inc. now owns 400,108 shares of the company’s stock worth $2,441,000 after acquiring an additional 235,056 shares during the period. Telemetry Investments L.L.C. grew its position in Rosehill Resources by 896.1% in the 4th quarter. Telemetry Investments L.L.C. now owns 249,033 shares of the company’s stock valued at $555,000 after buying an additional 224,033 shares in the last quarter. Finally, Cubic Asset Management LLC grew its position in Rosehill Resources by 11.5% in the 1st quarter. Cubic Asset Management LLC now owns 117,075 shares of the company’s stock valued at $398,000 after buying an additional 12,075 shares in the last quarter. 10.72% of the stock is currently owned by institutional investors and hedge funds.
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, 2018, its portfolio included 67 gross operated producing horizontal wells in the Northern Delaware Basin and 4 gross operated producing horizontal wells in the Southern Delaware Basin; and working interests in approximately 6,665 gross acres in the Northern Delaware Basin and 9,219 gross acres in the Southern Delaware Basin, as well as 513 gross operated and 53 non-operated potential horizontal drilling locations in the Northern and Southern Delaware Basin.
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