Sanchez Energy Corporation (NYSE:SN) has been given a $5.00 target price by investment analysts at Stifel Nicolaus in a research report issued to clients and investors on Thursday. The firm presently has a “hold” rating on the energy producer’s stock. Stifel Nicolaus’ target price would indicate a potential upside of 1.63% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $10.00 price target on shares of Sanchez Energy Corporation in a report on Thursday, July 20th. Zacks Investment Research raised Sanchez Energy Corporation from a “strong sell” rating to a “hold” rating in a report on Thursday, July 13th. BMO Capital Markets reissued a “hold” rating and set a $5.00 target price on shares of Sanchez Energy Corporation in a report on Tuesday, June 27th. Seaport Global Securities raised Sanchez Energy Corporation from a “sell” rating to a “neutral” rating and set a $4.50 target price for the company in a report on Wednesday. Finally, Piper Jaffray Companies reissued a “neutral” rating and set a $6.00 target price (down previously from $14.00) on shares of Sanchez Energy Corporation in a report on Monday, September 18th. Four analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company. Sanchez Energy Corporation has an average rating of “Hold” and a consensus target price of $11.45.

Sanchez Energy Corporation (SN) traded down 5.69% during mid-day trading on Thursday, hitting $4.64. The company had a trading volume of 1,496,565 shares. The firm’s market capitalization is $355.63 million. Sanchez Energy Corporation has a 12 month low of $3.96 and a 12 month high of $14.39. The company has a 50-day moving average price of $4.57 and a 200 day moving average price of $6.45.

Sanchez Energy Corporation (NYSE:SN) last released its quarterly earnings results on Wednesday, August 9th. The energy producer reported ($0.30) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.18). The company had revenue of $175.70 million during the quarter, compared to the consensus estimate of $178.97 million. The company’s revenue for the quarter was up 58.3% compared to the same quarter last year. During the same period last year, the firm earned ($3.20) earnings per share. Equities analysts forecast that Sanchez Energy Corporation will post ($0.88) EPS for the current fiscal year.

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In other news, VP Kirsten A. Hink sold 38,634 shares of the stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $5.02, for a total value of $193,942.68. Following the sale, the vice president now directly owns 178,390 shares in the company, valued at $895,517.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Patricio D. Sanchez acquired 320,000 shares of Sanchez Energy Corporation stock in a transaction dated Friday, September 15th. The stock was bought at an average price of $4.55 per share, for a total transaction of $1,456,000.00. Following the completion of the purchase, the insider now owns 473,485 shares of the company’s stock, valued at approximately $2,154,356.75. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 742,000 shares of company stock valued at $3,379,220. Company insiders own 14.70% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Sanchez Energy Corporation by 4.9% in the second quarter. Vanguard Group Inc. now owns 12,127,552 shares of the energy producer’s stock valued at $87,076,000 after acquiring an additional 569,664 shares in the last quarter. State Street Corp raised its stake in shares of Sanchez Energy Corporation by 50.0% in the second quarter. State Street Corp now owns 7,343,314 shares of the energy producer’s stock valued at $52,727,000 after acquiring an additional 2,446,795 shares in the last quarter. Hotchkis & Wiley Capital Management LLC acquired a new stake in shares of Sanchez Energy Corporation in the second quarter valued at $32,388,000. Blackstone Group L.P. acquired a new stake in shares of Sanchez Energy Corporation in the first quarter valued at $18,651,000. Finally, Schroder Investment Management Group raised its stake in shares of Sanchez Energy Corporation by 44.8% in the second quarter. Schroder Investment Management Group now owns 1,894,000 shares of the energy producer’s stock valued at $13,504,000 after acquiring an additional 586,040 shares in the last quarter. Institutional investors and hedge funds own 70.09% of the company’s stock.

Sanchez Energy Corporation Company Profile

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of the United States onshore unconventional oil and natural gas resources. The Company primarily focuses on the Eagle Ford Shale in South Texas. The Company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

Analyst Recommendations for Sanchez Energy Corporation (NYSE:SN)

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