Shares of Sanchez Energy Corp. (NYSE:SN) were up 3.1% on Thursday . The company traded as high as $8.72 and last traded at $8.71, with a volume of 1,326,344 shares trading hands. The stock had previously closed at $8.45.

A number of analysts recently commented on SN shares. KLR Group lowered Sanchez Energy Corp. from a “buy” rating to an “accumulate” rating and set a $10.00 price target for the company. in a research note on Friday, August 19th. FBR & Co reaffirmed a “buy” rating on shares of Sanchez Energy Corp. in a research note on Wednesday, July 20th. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Sanchez Energy Corp. in a research note on Saturday, May 14th. Zacks Investment Research raised Sanchez Energy Corp. from a “hold” rating to a “buy” rating and set a $9.00 price target for the company in a research note on Thursday, May 19th. Finally, National Securities started coverage on Sanchez Energy Corp. in a research note on Monday, June 27th. They issued a “buy” rating and a $9.00 price target for the company. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Sanchez Energy Corp. currently has an average rating of “Hold” and a consensus target price of $7.84.

The firm’s market capitalization is $510.70 million. The company has a 50 day moving average of $7.05 and a 200-day moving average of $6.62.

Sanchez Energy Corp. (NYSE:SN) last announced its quarterly earnings data on Monday, August 8th. The company reported ($3.20) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by $3.11. The business earned $111 million during the quarter, compared to the consensus estimate of $121.61 million. During the same quarter in the previous year, the business earned ($0.43) earnings per share. Analysts predict that Sanchez Energy Corp. will post ($0.20) earnings per share for the current fiscal year.

In other Sanchez Energy Corp. news, Director Gilbert A. Garcia sold 7,936 shares of the company’s stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $8.05, for a total value of $63,884.80. Following the transaction, the director now owns 85,251 shares of the company’s stock, valued at approximately $686,270.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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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