-$0.13 Earnings Per Share Expected for Lonestar Resources US Inc (NASDAQ:LONE) This Quarter

Analysts predict that Lonestar Resources US Inc (NASDAQ:LONE) will post earnings per share of ($0.13) for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Lonestar Resources US’s earnings, with the highest EPS estimate coming in at ($0.09) and the lowest estimate coming in at ($0.19). Lonestar Resources US reported earnings of $0.22 per share during the same quarter last year, which would suggest a negative year over year growth rate of 159.1%. The firm is scheduled to issue its next earnings results on Thursday, March 5th.

On average, analysts expect that Lonestar Resources US will report full-year earnings of ($0.41) per share for the current fiscal year, with EPS estimates ranging from ($0.46) to ($0.36). For the next fiscal year, analysts anticipate that the firm will post earnings of ($0.02) per share, with EPS estimates ranging from ($0.11) to $0.15. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover Lonestar Resources US.

Lonestar Resources US (NASDAQ:LONE) last released its earnings results on Monday, November 11th. The energy company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.06. Lonestar Resources US had a net margin of 23.59% and a return on equity of 1.93%. The business had revenue of $53.15 million for the quarter, compared to the consensus estimate of $52.30 million.

A number of equities research analysts have weighed in on LONE shares. SunTrust Banks downgraded shares of Lonestar Resources US from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Lonestar Resources US from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Finally, Seaport Global Securities cut shares of Lonestar Resources US from a “buy” rating to a “neutral” rating in a research note on Thursday, October 10th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Lonestar Resources US currently has a consensus rating of “Hold” and an average price target of $5.58.

LONE opened at $2.00 on Friday. The stock’s 50 day simple moving average is $2.32 and its 200-day simple moving average is $2.57. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 2.57. The stock has a market cap of $49.39 million, a PE ratio of -28.57 and a beta of 1.84. Lonestar Resources US has a 1 year low of $1.91 and a 1 year high of $6.89.

A number of institutional investors have recently modified their holdings of LONE. Wasatch Advisors Inc. lifted its stake in shares of Lonestar Resources US by 57.1% in the 2nd quarter. Wasatch Advisors Inc. now owns 1,917,297 shares of the energy company’s stock valued at $4,391,000 after acquiring an additional 696,717 shares during the last quarter. Vanguard Group Inc. raised its stake in Lonestar Resources US by 3.9% during the 2nd quarter. Vanguard Group Inc. now owns 905,508 shares of the energy company’s stock worth $2,074,000 after buying an additional 33,970 shares during the period. BlackRock Inc. grew its position in Lonestar Resources US by 113.2% in the 2nd quarter. BlackRock Inc. now owns 427,909 shares of the energy company’s stock valued at $979,000 after purchasing an additional 227,192 shares during the period. Monarch Partners Asset Management LLC increased its position in shares of Lonestar Resources US by 38.7% during the third quarter. Monarch Partners Asset Management LLC now owns 192,951 shares of the energy company’s stock worth $525,000 after acquiring an additional 53,810 shares in the last quarter. Finally, Raffles Associates LP increased its holdings in Lonestar Resources US by 129.0% during the 2nd quarter. Raffles Associates LP now owns 114,476 shares of the energy company’s stock worth $262,000 after purchasing an additional 64,476 shares in the last quarter. Institutional investors and hedge funds own 52.20% of the company’s stock.

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 that cover an area of 57,491 net acres in Texas counties.

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