Wall Street analysts forecast that SUNDANCE ENERGY/S (NASDAQ:SNDE) will announce sales of $53.70 million for the current quarter, Zacks reports. Four analysts have issued estimates for SUNDANCE ENERGY/S’s earnings, with the highest sales estimate coming in at $55.00 million and the lowest estimate coming in at $52.70 million. The company is expected to issue its next earnings results on Monday, January 1st.

On average, analysts expect that SUNDANCE ENERGY/S will report full-year sales of $206.00 million for the current fiscal year, with estimates ranging from $204.50 million to $209.00 million. For the next fiscal year, analysts anticipate that the business will post sales of $215.24 million, with estimates ranging from $207.60 million to $227.00 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for SUNDANCE ENERGY/S.

Several analysts have recently commented on the company. Zacks Investment Research raised SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research report on Thursday, January 23rd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $68.00 target price on shares of SUNDANCE ENERGY/S in a research report on Wednesday, December 4th. Northland Securities reaffirmed a “buy” rating and issued a $4.00 target price on shares of SUNDANCE ENERGY/S in a research report on Friday, November 1st. Finally, ValuEngine raised SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research report on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $26.00.

Shares of SUNDANCE ENERGY/S stock traded down $0.58 during midday trading on Friday, hitting $9.37. The company’s stock had a trading volume of 3,219 shares, compared to its average volume of 12,183. The stock has a 50-day simple moving average of $14.56 and a 200-day simple moving average of $6.77. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.72 and a current ratio of 0.72. SUNDANCE ENERGY/S has a 1-year low of $7.50 and a 1-year high of $36.70.

An institutional investor recently raised its position in SUNDANCE ENERGY/S stock. Citigroup Inc. boosted its position in shares of SUNDANCE ENERGY/S (NASDAQ:SNDE) by 410.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 136,015 shares of the energy company’s stock after purchasing an additional 109,389 shares during the period. Citigroup Inc. owned 0.20% of SUNDANCE ENERGY/S worth $2,582,000 at the end of the most recent reporting period. 0.08% of the stock is owned by institutional investors and hedge funds.

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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Earnings History and Estimates for SUNDANCE ENERGY/S (NASDAQ:SNDE)

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