Rosehill Resources Inc (NASDAQ:ROSE) has received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.

Brokerages have set a 12 month consensus price objective of $11.83 for the company and are expecting that the company will post ($0.03) EPS for the current quarter, according to Zacks. Zacks has also assigned Rosehill Resources an industry rank of 113 out of 265 based on the ratings given to its competitors.

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ROSE has been the subject of a number of research analyst reports. Eurobank EFG initiated coverage on Rosehill Resources in a research note on Tuesday, March 6th. They set a “buy” rating and a $12.00 price target for the company. B. Riley initiated coverage on Rosehill Resources in a research note on Monday, February 5th. They set a “buy” rating and a $9.50 price target for the company. Northland Securities initiated coverage on Rosehill Resources in a research note on Wednesday, January 17th. They set an “outperform” rating and a $14.00 price target for the company. Finally, ValuEngine lowered Rosehill Resources from a “hold” rating to a “sell” rating in a research note on Thursday, January 25th.

Rosehill Resources (NASDAQ ROSE) opened at $6.36 on Thursday. The company has a market capitalization of $37.25 and a P/E ratio of -6.63. The company has a quick ratio of 0.29, a current ratio of 0.30 and a debt-to-equity ratio of 0.99. Rosehill Resources has a 1-year low of $5.52 and a 1-year high of $11.69.

In other Rosehill Resources news, major shareholder Geode Capital Master Fund Ltd. sold 10,725 shares of Rosehill Resources stock in a transaction on Monday, December 18th. The stock was sold at an average price of $8.46, for a total transaction of $90,733.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Harry Quarls bought 5,000 shares of the firm’s stock in a transaction on Monday, December 18th. The shares were purchased at an average cost of $8.49 per share, with a total value of $42,450.00. Following the completion of the transaction, the director now owns 25,109 shares in the company, valued at $213,175.41. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 11,180 shares of company stock valued at $87,407 and have sold 124,891 shares valued at $942,596.

Hedge funds and other institutional investors have recently modified their holdings of the business. Geode Capital Management LLC bought a new stake in Rosehill Resources during the 4th quarter valued at $406,000. BlackRock Inc. raised its position in Rosehill Resources by 12.6% during the 4th quarter. BlackRock Inc. now owns 131,055 shares of the company’s stock valued at $1,031,000 after purchasing an additional 14,619 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in Rosehill Resources by 10.2% during the 4th quarter. Wells Fargo & Company MN now owns 147,808 shares of the company’s stock valued at $1,162,000 after purchasing an additional 13,633 shares in the last quarter. 5.87% of the stock is owned by institutional investors and hedge funds.

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About Rosehill Resources

Rosehill Resources Inc, formerly KLR Energy Acquisition Corp., is an oil and gas exploration company. The Company is focused on the Delaware Basin portion of the Permian Basin. It has nearly 5,000 net acres with approximately 80% held by production and drilling locations. Its drilling locations are located across ten distinct benches.

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