Sanchez Energy Corp (NYSE:SN) – Investment analysts at Seaport Global Securities increased their Q4 2017 EPS estimates for shares of Sanchez Energy in a research report issued to clients and investors on Thursday. Seaport Global Securities analyst M. Kelly now anticipates that the energy producer will post earnings per share of $0.25 for the quarter, up from their previous estimate of $0.21. Seaport Global Securities currently has a “Neutral” rating and a $4.50 price target on the stock. Seaport Global Securities also issued estimates for Sanchez Energy’s Q2 2018 earnings at $0.48 EPS, Q3 2018 earnings at $0.44 EPS and FY2018 earnings at $1.69 EPS.

Sanchez Energy (NYSE:SN) last issued its quarterly earnings results on Thursday, November 2nd. The energy producer reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.07.

Other research analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of Sanchez Energy from a “buy” rating to a “hold” rating in a research report on Friday. BMO Capital Markets set a $5.00 price target on shares of Sanchez Energy and gave the company a “hold” rating in a research report on Tuesday, October 10th. SunTrust Banks reaffirmed a “hold” rating and issued a $5.00 target price on shares of Sanchez Energy in a report on Friday, October 20th. Stifel Nicolaus set a $5.00 target price on shares of Sanchez Energy and gave the stock a “hold” rating in a report on Thursday, October 5th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and issued a $6.00 target price on shares of Sanchez Energy in a report on Sunday, October 22nd. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $8.58.

Sanchez Energy (NYSE:SN) opened at $5.46 on Friday. Sanchez Energy has a 12-month low of $3.58 and a 12-month high of $14.39. The stock has a market cap of $459.35, a PE ratio of 19.50 and a beta of 1.72. The company has a debt-to-equity ratio of -3.72, a quick ratio of 0.88 and a current ratio of 0.88.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of Sanchez Energy by 44.9% during the third quarter. JPMorgan Chase & Co. now owns 1,789,224 shares of the energy producer’s stock valued at $8,804,000 after purchasing an additional 554,240 shares during the last quarter. Baker Avenue Asset Management LP raised its holdings in shares of Sanchez Energy by 41.1% during the second quarter. Baker Avenue Asset Management LP now owns 160,856 shares of the energy producer’s stock valued at $1,155,000 after purchasing an additional 46,841 shares during the last quarter. Nomura Holdings Inc. purchased a new position in shares of Sanchez Energy during the second quarter valued at approximately $359,000. Northern Trust Corp raised its holdings in shares of Sanchez Energy by 13.9% during the second quarter. Northern Trust Corp now owns 893,791 shares of the energy producer’s stock valued at $6,417,000 after purchasing an additional 109,054 shares during the last quarter. Finally, Benefit Street Partners LLC purchased a new position in shares of Sanchez Energy during the second quarter valued at approximately $629,000. 59.05% of the stock is owned by hedge funds and other institutional investors.

In other Sanchez Energy news, VP Gregory B. Kopel sold 7,960 shares of Sanchez Energy stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $5.61, for a total value of $44,655.60. Following the completion of the transaction, the vice president now directly owns 109,488 shares of the company’s stock, valued at $614,227.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Eduardo Augusto Sanchez sold 250,337 shares of Sanchez Energy stock in a transaction dated Thursday, December 13th. The stock was sold at an average price of $4.66, for a total transaction of $1,166,570.42. Following the completion of the transaction, the insider now directly owns 985,644 shares of the company’s stock, valued at $4,593,101.04. The disclosure for this sale can be found here. Insiders sold 605,022 shares of company stock valued at $2,880,942 over the last ninety days. Corporate insiders own 14.70% of the company’s stock.

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Sanchez Energy Company Profile

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

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