Equities research analysts expect that Lonestar Resources US Inc (NASDAQ:LONE) will report $0.02 earnings per share (EPS) for the current quarter, Zacks reports. Five analysts have issued estimates for Lonestar Resources US’s earnings. The highest EPS estimate is $0.10 and the lowest is ($0.05). Lonestar Resources US reported earnings of ($0.12) per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 116.7%. The firm is expected to issue its next earnings results on Monday, November 12th.

According to Zacks, analysts expect that Lonestar Resources US will report full-year earnings of ($0.16) per share for the current financial year, with EPS estimates ranging from ($0.34) to $0.01. For the next financial year, analysts forecast that the business will post earnings of $0.76 per share, with EPS estimates ranging from $0.21 to $1.36. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Lonestar Resources US.

Lonestar Resources US (NASDAQ:LONE) last posted its quarterly earnings results on Sunday, August 5th. The energy company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.11). The company had revenue of $47.85 million during the quarter, compared to analysts’ expectations of $43.59 million. Lonestar Resources US had a negative return on equity of 5.39% and a negative net margin of 37.79%.

A number of analysts have recently issued reports on LONE shares. Zacks Investment Research lowered shares of Lonestar Resources US from a “buy” rating to a “hold” rating in a research report on Wednesday, July 25th. Seaport Global Securities reissued a “buy” rating on shares of Lonestar Resources US in a research report on Monday, August 13th. B. Riley increased their price target on shares of Lonestar Resources US from $10.50 to $12.50 and gave the stock a “buy” rating in a research report on Monday, June 11th. ValuEngine raised shares of Lonestar Resources US from a “hold” rating to a “buy” rating in a research report on Wednesday, June 27th. Finally, Cowen reaffirmed a “buy” rating and set a $13.00 price objective on shares of Lonestar Resources US in a research report on Friday, July 20th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Lonestar Resources US currently has a consensus rating of “Buy” and an average price target of $11.25.

In other Lonestar Resources US news, Director John H. Murray acquired 15,400 shares of the business’s stock in a transaction that occurred on Friday, August 10th. The shares were purchased at an average price of $8.49 per share, with a total value of $130,746.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John H. Murray acquired 7,600 shares of the business’s stock in a transaction that occurred on Monday, August 13th. The shares were acquired at an average cost of $8.79 per share, for a total transaction of $66,804.00. The disclosure for this purchase can be found here. 2.30% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp bought a new position in Lonestar Resources US during the second quarter valued at approximately $102,000. JPMorgan Chase & Co. raised its position in Lonestar Resources US by 37.1% during the first quarter. JPMorgan Chase & Co. now owns 45,872 shares of the energy company’s stock valued at $199,000 after acquiring an additional 12,413 shares in the last quarter. Raymond James & Associates bought a new position in Lonestar Resources US during the second quarter valued at approximately $110,000. Citadel Advisors LLC bought a new position in Lonestar Resources US during the second quarter valued at approximately $189,000. Finally, Russell Investments Group Ltd. bought a new position in Lonestar Resources US during the second quarter valued at approximately $203,000. 46.58% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ LONE traded down $0.06 during mid-day trading on Friday, reaching $8.26. The company had a trading volume of 5,930 shares, compared to its average volume of 135,036. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.20 and a quick ratio of 0.20. The firm has a market capitalization of $207.94 million, a price-to-earnings ratio of -19.74 and a beta of 0.28. Lonestar Resources US has a 12-month low of $2.84 and a 12-month high of $11.24.

Lonestar Resources US Company Profile

Lonestar Resources US Inc, an independent oil and gas company, engages in the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas properties in the United States. The company primarily focuses on Eagle Ford Shale properties in Texas counties. Lonestar Resources US Inc was incorporated in 2015 and is headquartered in Fort Worth, Texas.

Featured Article: How Important is Technical Analysis of Stocks

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

Earnings History and Estimates for Lonestar Resources US (NASDAQ:LONE)

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