Brokerages predict that Sanchez Energy Corp (NYSE:SN) will report $257.17 million in sales for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Sanchez Energy’s earnings, with estimates ranging from $248.50 million to $265.00 million. Sanchez Energy posted sales of $245.98 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 4.5%. The business is expected to announce its next earnings results on Monday, February 25th.

On average, analysts expect that Sanchez Energy will report full year sales of $1.02 billion for the current year, with estimates ranging from $965.86 million to $1.05 billion. For the next fiscal year, analysts anticipate that the business will report sales of $882.41 million, with estimates ranging from $789.00 million to $984.80 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that follow Sanchez Energy.

A number of research firms have weighed in on SN. Royal Bank of Canada reaffirmed a “hold” rating and set a $0.50 price target on shares of Sanchez Energy in a research report on Tuesday, January 8th. SunTrust Banks set a $1.00 price target on Sanchez Energy and gave the stock a “hold” rating in a research report on Tuesday, November 27th. Stifel Nicolaus reaffirmed a “hold” rating and set a $0.90 price target on shares of Sanchez Energy in a research report on Monday, November 26th. Finally, Zacks Investment Research raised Sanchez Energy from a “strong sell” rating to a “hold” rating in a research report on Saturday, January 26th. One equities research analyst has rated the stock with a sell rating and eleven have issued a hold rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $2.34.

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. boosted its stake in shares of Sanchez Energy by 3.0% during the third quarter. BlackRock Inc. now owns 4,018,409 shares of the energy producer’s stock valued at $9,242,000 after purchasing an additional 115,279 shares in the last quarter. Vanguard Group Inc boosted its stake in shares of Sanchez Energy by 8.9% during the third quarter. Vanguard Group Inc now owns 3,939,138 shares of the energy producer’s stock valued at $9,060,000 after purchasing an additional 320,306 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Sanchez Energy by 8.9% during the third quarter. Vanguard Group Inc. now owns 3,939,138 shares of the energy producer’s stock valued at $9,060,000 after purchasing an additional 320,306 shares in the last quarter. Northern Trust Corp boosted its stake in shares of Sanchez Energy by 6.1% during the second quarter. Northern Trust Corp now owns 921,311 shares of the energy producer’s stock valued at $4,165,000 after purchasing an additional 52,905 shares in the last quarter. Finally, Congress Asset Management Co. MA boosted its stake in shares of Sanchez Energy by 12.0% during the third quarter. Congress Asset Management Co. MA now owns 589,386 shares of the energy producer’s stock valued at $1,356,000 after purchasing an additional 63,220 shares in the last quarter. Institutional investors own 39.88% of the company’s stock.

Shares of SN stock traded up $0.02 on Wednesday, reaching $0.40. The company had a trading volume of 16,667 shares, compared to its average volume of 2,356,251. The stock has a market cap of $33.73 million, a PE ratio of -1.25 and a beta of 2.46. Sanchez Energy has a 12 month low of $0.22 and a 12 month high of $5.13.

Sanchez Energy Company Profile

Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition and development of U.S. onshore unconventional oil and natural gas resources. It engages in the horizontal development of resources from the Eagle Ford Shale in South Texas. It also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

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Earnings History and Estimates for Sanchez Energy (NYSE:SN)

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