SUNDANCE ENERGY/S (SNDE) Set to Announce Quarterly Earnings on Thursday

SUNDANCE ENERGY/S (NASDAQ:SNDE) will be announcing its earnings results after the market closes on Thursday, August 15th. Analysts expect the company to announce earnings of $0.04 per share for the quarter.

Shares of NASDAQ:SNDE traded down $0.05 during midday trading on Wednesday, hitting $1.23. The company’s stock had a trading volume of 7,949 shares, compared to its average volume of 17,165. The business’s 50 day moving average is $1.58. SUNDANCE ENERGY/S has a 12-month low of $1.14 and a 12-month high of $6.75.

Several equities analysts have recently weighed in on SNDE shares. SunTrust Banks downgraded shares of SUNDANCE ENERGY/S to a “hold” rating in a research note on Monday, July 8th. Imperial Capital initiated coverage on shares of SUNDANCE ENERGY/S in a research note on Thursday, May 2nd. They issued an “outperform” rating and a $6.00 price target on the stock. ValuEngine raised shares of SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. Seaport Global Securities reaffirmed a “buy” rating on shares of SUNDANCE ENERGY/S in a research note on Friday, June 21st. Finally, Zacks Investment Research raised shares of SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research note on Friday, April 26th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. SUNDANCE ENERGY/S currently has an average rating of “Buy” and a consensus price target of $8.25.

About SUNDANCE ENERGY/S

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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