Sanchez Energy Corp (NYSE:SN) – Equities researchers at Capital One Financial lifted their FY2017 EPS estimates for Sanchez Energy in a research note issued to investors on Thursday. Capital One Financial analyst P. Johnston now forecasts that the energy producer will post earnings per share of ($1.12) for the year, up from their previous estimate of ($1.20). Capital One Financial also issued estimates for Sanchez Energy’s Q1 2018 earnings at $0.44 EPS, Q2 2018 earnings at $0.49 EPS, Q3 2018 earnings at $0.54 EPS, Q4 2018 earnings at $0.56 EPS and FY2018 earnings at $2.04 EPS.

Sanchez Energy (NYSE:SN) last issued its quarterly earnings data on Thursday, November 2nd. The energy producer reported ($0.12) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.19) by $0.07.

Several other brokerages have also commented on SN. Zacks Investment Research lowered shares of Sanchez Energy from a “buy” rating to a “hold” rating in a report on Friday. Seaport Global Securities upgraded shares of Sanchez Energy from a “sell” rating to a “neutral” rating and set a $4.50 price objective for the company in a report on Wednesday, October 4th. BMO Capital Markets set a $5.00 price objective on shares of Sanchez Energy and gave the stock a “hold” rating in a report on Tuesday, October 10th. Piper Jaffray Companies restated a “hold” rating and issued a $8.00 price objective on shares of Sanchez Energy in a report on Tuesday, January 9th. Finally, SunTrust Banks restated a “hold” rating and issued a $5.00 price objective on shares of Sanchez Energy in a report on Friday, October 20th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $8.58.

Sanchez Energy (NYSE SN) opened at $5.46 on Monday. The company has a debt-to-equity ratio of -3.72, a current ratio of 0.88 and a quick ratio of 0.88. Sanchez Energy has a 1-year low of $3.58 and a 1-year high of $14.39. The company has a market cap of $459.35, a price-to-earnings ratio of 19.50 and a beta of 1.72.

In other Sanchez Energy news, Chairman Antonio R. Sanchez, Jr. sold 66,536 shares of the firm’s stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $5.22, for a total transaction of $347,317.92. Following the completion of the sale, the chairman now directly owns 1,642,316 shares in the company, valued at approximately $8,572,889.52. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Eduardo Augusto Sanchez sold 250,337 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $4.66, for a total transaction of $1,166,570.42. Following the sale, the insider now owns 985,644 shares of the company’s stock, valued at $4,593,101.04. The disclosure for this sale can be found here. Over the last quarter, insiders sold 605,022 shares of company stock valued at $2,880,942. 14.70% of the stock is owned by company insiders.

A number of large investors have recently added to or reduced their stakes in SN. Schwab Charles Investment Management Inc. increased its stake in Sanchez Energy by 1.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 301,467 shares of the energy producer’s stock valued at $2,165,000 after purchasing an additional 3,725 shares in the last quarter. First Trust Advisors LP bought a new stake in Sanchez Energy during the 2nd quarter valued at about $715,000. Franklin Resources Inc. boosted its holdings in shares of Sanchez Energy by 74.0% during the 2nd quarter. Franklin Resources Inc. now owns 54,942 shares of the energy producer’s stock valued at $394,000 after acquiring an additional 23,366 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in shares of Sanchez Energy by 79.5% during the 2nd quarter. Alliancebernstein L.P. now owns 117,575 shares of the energy producer’s stock valued at $844,000 after acquiring an additional 52,085 shares during the last quarter. Finally, Teachers Advisors LLC boosted its holdings in shares of Sanchez Energy by 5.9% during the 2nd quarter. Teachers Advisors LLC now owns 127,300 shares of the energy producer’s stock valued at $914,000 after acquiring an additional 7,093 shares during the last quarter. Institutional investors and hedge funds own 59.05% 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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