Eclipse Resources Corporation (NYSE:ECR) – Stock analysts at Capital One Financial issued their Q4 2017 earnings per share estimates for shares of Eclipse Resources in a report released on Monday. Capital One Financial analyst B. Velie anticipates that the energy producer will earn ($0.01) per share for the quarter. Capital One Financial has a “Equal Weight” rating on the stock.

Eclipse Resources (NYSE:ECR) last announced its quarterly earnings data on Wednesday, November 8th. The energy producer reported ($0.02) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.02. The company had revenue of $91.55 million during the quarter, compared to the consensus estimate of $90.67 million. Eclipse Resources had a negative return on equity of 3.00% and a negative net margin of 11.46%. The company’s quarterly revenue was up 68.4% on a year-over-year basis. During the same quarter last year, the company earned ($0.10) EPS.

Several other research firms also recently commented on ECR. Zacks Investment Research upgraded Eclipse Resources from a “hold” rating to a “buy” rating and set a $3.00 target price for the company in a research report on Tuesday, October 3rd. Scotiabank restated a “hold” rating and set a $3.00 target price on shares of Eclipse Resources in a research report on Friday, November 10th. Stifel Nicolaus set a $5.00 target price on Eclipse Resources and gave the stock a “buy” rating in a research report on Thursday, October 5th. Barclays set a $2.50 target price on Eclipse Resources and gave the stock a “hold” rating in a research report on Wednesday, October 11th. Finally, BMO Capital Markets set a $3.00 price objective on Eclipse Resources and gave the company a “hold” rating in a research report on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. Eclipse Resources has an average rating of “Hold” and a consensus target price of $2.96.

Eclipse Resources (NYSE ECR) opened at $2.30 on Tuesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.62 and a current ratio of 0.62. Eclipse Resources has a 52-week low of $1.60 and a 52-week high of $3.12.

A number of large investors have recently bought and sold shares of ECR. Macquarie Group Ltd. acquired a new position in Eclipse Resources in the third quarter valued at about $101,000. Voya Investment Management LLC grew its stake in Eclipse Resources by 83.3% in the second quarter. Voya Investment Management LLC now owns 38,699 shares of the energy producer’s stock valued at $111,000 after acquiring an additional 17,591 shares during the period. GSA Capital Partners LLP grew its stake in Eclipse Resources by 120.5% in the third quarter. GSA Capital Partners LLP now owns 45,304 shares of the energy producer’s stock valued at $113,000 after acquiring an additional 24,754 shares during the period. New York State Common Retirement Fund grew its stake in Eclipse Resources by 27.5% in the second quarter. New York State Common Retirement Fund now owns 56,100 shares of the energy producer’s stock valued at $160,000 after acquiring an additional 12,099 shares during the period. Finally, Cornerstone Capital Management Holdings LLC. acquired a new position in Eclipse Resources in the third quarter valued at about $179,000. 92.53% of the stock is owned by hedge funds and other institutional investors.

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Eclipse Resources Company Profile

Eclipse Resources Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Ordovician-aged Utica Shale is an unconventional reservoir consisting of organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet.

Earnings History and Estimates for Eclipse Resources (NYSE:ECR)

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