Zacks Investment Research lowered shares of Lonestar Resources US Inc. (NASDAQ:LONE) from a hold rating to a sell rating in a research report released on Thursday.

According to Zacks, “Lonestar Resources US Inc. is an oil and gas company. It is involved in exploration, production and acquisition of unconventional oil and gas reserves. Lonestar Resources US Inc. is headquartered in Fort Worth, United States. “

Other equities analysts have also recently issued reports about the stock. Canaccord Genuity set a $11.00 target price on shares of Lonestar Resources US and gave the company a buy rating in a research report on Monday, March 27th. Roth Capital set a $15.00 target price on shares of Lonestar Resources US and gave the company a buy rating in a research report on Saturday, March 25th. Wunderlich boosted their target price on shares of Lonestar Resources US from $13.00 to $15.00 and gave the company a buy rating in a research report on Wednesday, May 31st. Finally, Cowen and Company dropped their target price on shares of Lonestar Resources US from $13.00 to $11.00 and set an outperform rating for the company in a research report on Monday, April 10th. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. The company presently has an average rating of Buy and an average price target of $10.70.

Lonestar Resources US (NASDAQ:LONE) opened at 3.91 on Thursday. Lonestar Resources US has a 12 month low of $3.31 and a 12 month high of $16.00. The stock’s 50 day moving average is $4.21 and its 200-day moving average is $5.76. The firm’s market cap is $85.33 million.

Lonestar Resources US (NASDAQ:LONE) last issued its earnings results on Monday, May 15th. The energy company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.09. The firm had revenue of $17.62 million during the quarter, compared to analyst estimates of $17.67 million. Lonestar Resources US had a negative net margin of 124.20% and a negative return on equity of 40.31%. On average, analysts anticipate that Lonestar Resources US will post ($0.23) earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “Lonestar Resources US Inc. (LONE) Downgraded by Zacks Investment Research” was first published by Daily Political and is owned by of Daily Political. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright & trademark law. The original version of this piece of content can be read at https://www.dailypolitical.com/2017/06/20/lonestar-resources-us-inc-lone-downgraded-by-zacks-investment-research.html.

Institutional investors have recently added to or reduced their stakes in the company. Northpointe Capital LLC boosted its position in Lonestar Resources US by 71.2% in the first quarter. Northpointe Capital LLC now owns 1,189,994 shares of the energy company’s stock worth $6,021,000 after buying an additional 494,994 shares in the last quarter. Cortina Asset Management LLC bought a new position in Lonestar Resources US during the fourth quarter worth about $6,604,000. Dialectic Capital Management LP boosted its position in Lonestar Resources US by 17.5% in the first quarter. Dialectic Capital Management LP now owns 623,261 shares of the energy company’s stock worth $3,154,000 after buying an additional 92,971 shares in the last quarter. Vanguard Group Inc. boosted its position in Lonestar Resources US by 31.8% in the first quarter. Vanguard Group Inc. now owns 343,627 shares of the energy company’s stock worth $1,738,000 after buying an additional 83,006 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in Lonestar Resources US by 54.4% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 258,593 shares of the energy company’s stock worth $1,308,000 after buying an additional 91,100 shares in the last quarter. Institutional investors and hedge funds own 52.49% of the company’s stock.

About Lonestar Resources US

Lonestar Resources Limited is an Australia-based oil and gas exploration and production company. The Company is involved in the exploration, production and acquisition of unconventional oil and gas reserves. It holds interests in approximately 38,191 net acres in the Eagle Ford Shale, Bakken and Three Forks plays.

Get a free copy of the Zacks research report on Lonestar Resources US (LONE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Lonestar Resources US Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lonestar Resources US Inc. and related companies with MarketBeat.com's FREE daily email newsletter.