Sanchez Energy Corp. (NYSE:SN) was down 5.6% during mid-day trading on Friday . The stock traded as low as $8.54 and last traded at $8.66, with a volume of 1,689,348 shares. The stock had previously closed at $9.17.

Several research analysts recently weighed in on SN shares. KLR Group lowered Sanchez Energy Corp. from a “buy” rating to an “accumulate” rating and set a $10.00 target price on the stock. in a research report on Friday. Zacks Investment Research raised Sanchez Energy Corp. from a “hold” rating to a “buy” rating and set a $7.50 target price on the stock in a research report on Tuesday, June 28th. National Securities started coverage on Sanchez Energy Corp. in a research report on Monday, June 27th. They issued a “buy” rating and a $9.00 target price on the stock. Canaccord Genuity reaffirmed a “buy” rating and issued a $9.50 target price on shares of Sanchez Energy Corp. in a research report on Thursday, April 21st. Finally, FBR & Co reaffirmed a “buy” rating on shares of Sanchez Energy Corp. in a research report on Tuesday, May 10th. Nine investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Sanchez Energy Corp. has an average rating of “Hold” and an average price target of $7.84.

The stock’s market capitalization is $514.80 million. The company has a 50-day moving average price of $6.87 and a 200-day moving average price of $6.44.

Sanchez Energy Corp. (NYSE:SN) last posted its quarterly earnings results on Monday, August 8th. The company reported ($3.20) EPS for the quarter, missing the consensus estimate of ($0.09) by $3.11. The firm had revenue of $111 million for the quarter, compared to analyst estimates of $121.61 million. During the same quarter in the prior year, the company posted ($0.43) EPS. Analysts anticipate that Sanchez Energy Corp. will post ($0.23) EPS for the current fiscal year.

In other news, Director Gilbert A. Garcia sold 7,936 shares of the business’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 directly owns 85,251 shares in the company, valued at approximately $686,270.55. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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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