Sanchez Energy Corp. (NYSE:SN)’s share price traded down 4.3% during trading on Wednesday . The company traded as low as $5.79 and last traded at $5.85, with a volume of 1,406,220 shares trading hands. The stock had previously closed at $6.11.

A number of equities analysts have recently commented on the stock. Credit Suisse Group AG reissued a “buy” rating on shares of Sanchez Energy Corp. in a research note on Saturday, May 14th. Zacks Investment Research raised shares of Sanchez Energy Corp. from a “hold” rating to a “buy” rating and set a $9.00 price target on the stock in a research note on Thursday, May 19th. FBR & Co reaffirmed an “outperform” rating and set a $11.00 price target (up previously from $9.00) on shares of Sanchez Energy Corp. in a research note on Thursday, April 21st. National Securities began coverage on shares of Sanchez Energy Corp. in a research note on Monday, June 27th. They set a “buy” rating and a $9.00 price target on the stock. Finally, Piper Jaffray Cos. reaffirmed a “neutral” rating and set a $8.00 price target on shares of Sanchez Energy Corp. in a research note on Thursday, July 7th. Nine equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Sanchez Energy Corp. currently has a consensus rating of “Buy” and a consensus price target of $7.60.

The stock’s market capitalization is $346.55 million. The stock’s 50-day moving average price is $7.19 and its 200-day moving average price is $5.99.

Sanchez Energy Corp. (NYSE:SN) last posted its quarterly earnings data on Monday, May 9th. The company reported ($1.20) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by $1.08. The company had revenue of $79.82 million for the quarter, compared to analyst estimates of $127.24 million. The company’s revenue for the quarter was down 28.1% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.97) earnings per share. On average, equities research analysts predict that Sanchez Energy Corp. will post ($0.46) earnings per share for the current fiscal year.

In related news, COO Christopher Heinson sold 14,264 shares of the company’s stock in a transaction on Wednesday, May 11th. The shares were sold at an average price of $8.12, for a total transaction of $115,823.68. Following the completion of the transaction, the chief operating officer now directly owns 605,177 shares in the company, valued at approximately $4,914,037.24. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Gilbert A. Garcia sold 7,936 shares of the company’s stock in a transaction on Friday, June 3rd. The shares were sold at an average price of $8.05, for a total transaction of $63,884.80. Following the transaction, the director now owns 85,251 shares of the company’s stock, valued at $686,270.55. The disclosure for this sale can be found here.

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the onshore United States Gulf Coast. The Company focuses on the Eagle Ford Shale in South Texas and the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

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