$52.49 Million in Sales Expected for SUNDANCE ENERGY/S (NASDAQ:SNDE) This Quarter
Brokerages expect SUNDANCE ENERGY/S (NASDAQ:SNDE) to report $52.49 million in sales for the current fiscal quarter, Zacks Investment Research reports. Five analysts have made estimates for SUNDANCE ENERGY/S’s earnings. The highest sales estimate is $54.80 million and the lowest is $51.00 million. The firm is scheduled to issue its next quarterly earnings report after the market closes on Monday, November 18th.
According to Zacks, analysts expect that SUNDANCE ENERGY/S will report full-year sales of $207.48 million for the current year, with estimates ranging from $202.70 million to $215.20 million. For the next fiscal year, analysts anticipate that the company will report sales of $223.05 million, with estimates ranging from $210.50 million to $244.40 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow SUNDANCE ENERGY/S.
Several equities analysts have commented on SNDE shares. ValuEngine cut shares of SUNDANCE ENERGY/S from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 27th. Seaport Global Securities lowered SUNDANCE ENERGY/S from a “buy” rating to a “neutral” rating in a research report on Thursday, October 10th. Stifel Nicolaus reiterated a “buy” rating and issued a $68.00 price objective on shares of SUNDANCE ENERGY/S in a research note on Wednesday. Finally, Northland Securities reiterated a “buy” rating and issued a $4.00 price objective on shares of SUNDANCE ENERGY/S in a research note on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. SUNDANCE ENERGY/S currently has a consensus rating of “Buy” and an average target price of $26.00.
SUNDANCE ENERGY/S Company Profile
Sundance Energy Australia Limited operates as an onshore oil and gas company in the United States. The company explores for, develops, and produces oil and natural gas. Its exploration and development activities are focused on the Eagle Ford project in the South-Texas-Gulf Coast Basin. Sundance Energy Australia Limited was incorporated in 2004 and is based in Wayville, Australia.
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