Jones Energy Inc (NYSE:JONE) has received an average recommendation of “Hold” from the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $16.00.

Several analysts have commented on the company. Stifel Nicolaus set a $14.00 price target on Jones Energy and gave the company a “buy” rating in a report on Wednesday, September 26th. Zacks Investment Research cut Jones Energy from a “buy” rating to a “hold” rating in a report on Tuesday, September 18th. ValuEngine upgraded Jones Energy from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 11th. Finally, Seaport Global Securities restated a “neutral” rating on shares of Jones Energy in a report on Wednesday, July 25th.

JONE traded down $0.53 during midday trading on Friday, hitting $3.79. The company’s stock had a trading volume of 4,719 shares, compared to its average volume of 555,192. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.28 and a quick ratio of 1.28. The stock has a market capitalization of $23.25 million, a price-to-earnings ratio of -0.46 and a beta of 2.69. Jones Energy has a 52-week low of $4.04 and a 52-week high of $696.00.

Jones Energy (NYSE:JONE) last posted its quarterly earnings results on Monday, August 6th. The oil and gas producer reported ($5.80) EPS for the quarter, missing the consensus estimate of ($5.40) by ($0.40). The business had revenue of $65.26 million during the quarter, compared to analysts’ expectations of $56.57 million. Jones Energy had a negative net margin of 38.28% and a negative return on equity of 16.15%. Equities research analysts anticipate that Jones Energy will post -26.29 earnings per share for the current year.

An institutional investor recently raised its position in Jones Energy stock. Wolverine Asset Management LLC grew its position in Jones Energy Inc (NYSE:JONE) by 249,244.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 775,461 shares of the oil and gas producer’s stock after purchasing an additional 775,150 shares during the period. Wolverine Asset Management LLC owned approximately 0.76% of Jones Energy worth $288,000 as of its most recent SEC filing.

Jones Energy Company Profile

Jones Energy, Inc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the mid-continent United States. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage located in the Anadarko Basin in Oklahoma and Texas.

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Analyst Recommendations for Jones Energy (NYSE:JONE)

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