FY2016 EPS Estimates for Sundance Energy Australia Ltd. Decreased by Analyst (SNDE)

Sundance Energy Australia Ltd. (NASDAQ:SNDE) – Seaport Global Securities dropped their FY2016 earnings per share (EPS) estimates for Sundance Energy Australia in a note issued to investors on Thursday. Seaport Global Securities analyst M. Kelly now forecasts that the firm will post earnings per share of ($3.45) for the year, down from their previous forecast of ($3.31). Seaport Global Securities also issued estimates for Sundance Energy Australia’s Q4 2016 earnings at $0.17 EPS, Q1 2017 earnings at $0.63 EPS, Q2 2017 earnings at $0.61 EPS, Q3 2017 earnings at $0.79 EPS and FY2017 earnings at $3.07 EPS.

Separately, Zacks Investment Research upgraded shares of Sundance Energy Australia from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Wednesday, December 28th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $24.50.

“FY2016 EPS Estimates for Sundance Energy Australia Ltd. Decreased by Analyst (SNDE)” was first reported by sleekmoney and is owned by of sleekmoney. If you are reading this news story on another website, it was illegally copied and reposted in violation of US & international copyright and trademark laws. The original version of this news story can be read at http://sleekmoney.com/fy2016-eps-estimates-for-sundance-energy-australia-ltd-decreased-by-analyst-snde/1661488.html.

Sundance Energy Australia (NASDAQ:SNDE) opened at 11.81 on Monday. Sundance Energy Australia has a 12-month low of $9.75 and a 12-month high of $17.99. The firm has a 50-day moving average of $15.18 and a 200 day moving average of $14.16. The stock’s market capitalization is $73.88 million.

“FY2016 EPS Estimates for Sundance Energy Australia Ltd. Decreased by Analyst (SNDE)” was first reported by sleekmoney and is owned by of sleekmoney. If you are reading this news story on another website, it was illegally copied and reposted in violation of US & international copyright and trademark laws. The original version of this news story can be read at http://sleekmoney.com/fy2016-eps-estimates-for-sundance-energy-australia-ltd-decreased-by-analyst-snde/1661488.html.

An institutional investor recently bought a new position in Sundance Energy Australia stock. Nokomis Capital L.L.C. acquired a new stake in Sundance Energy Australia Ltd. (NASDAQ:SNDE) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 20,550,579 shares of the company’s stock, valued at approximately $3,258,000. Nokomis Capital L.L.C. owned approximately 328.49% of Sundance Energy Australia as of its most recent filing with the SEC. Institutional investors and hedge funds own 3.85% of the company’s stock.

5 Day Chart for NASDAQ:SNDE

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