SUNDANCE ENERGY/S (NASDAQ:SNDE) Expected to Announce Quarterly Sales of $52.49 Million

Equities research analysts predict that SUNDANCE ENERGY/S (NASDAQ:SNDE) will post $52.49 million in sales for the current quarter, according to Zacks. Five analysts have provided estimates for SUNDANCE ENERGY/S’s earnings, with the lowest sales estimate coming in at $51.00 million and the highest estimate coming in at $54.80 million. The company is scheduled to issue its next quarterly earnings results after the market closes on Monday, November 18th.

On average, analysts expect that SUNDANCE ENERGY/S will report full-year sales of $207.48 million for the current year, with estimates ranging from $202.70 million to $215.20 million. For the next financial year, analysts forecast that the business will report sales of $223.05 million, with estimates ranging from $210.50 million to $244.40 million. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for SUNDANCE ENERGY/S.

Several equities analysts have weighed in on the company. Northland Securities reaffirmed a “buy” rating and issued a $4.00 price objective on shares of SUNDANCE ENERGY/S in a report on Friday, November 1st. ValuEngine lowered SUNDANCE ENERGY/S from a “sell” rating to a “strong sell” rating in a research note on Wednesday, November 27th. Finally, Seaport Global Securities lowered SUNDANCE ENERGY/S from a “buy” rating to a “neutral” rating in a research note on Thursday, October 10th. One analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. SUNDANCE ENERGY/S currently has an average rating of “Hold” and an average price target of $5.00.

Shares of NASDAQ SNDE opened at $10.90 on Tuesday. The business has a fifty day moving average price of $2.39 and a two-hundred day moving average price of $1.83. SUNDANCE ENERGY/S has a fifty-two week low of $7.50 and a fifty-two week high of $40.90.

About SUNDANCE ENERGY/S

Sundance Energy Australia Limited operates as an onshore oil and gas company in the United States. The company explores for, develops, and produces oil and natural gas. Its exploration and development activities are focused on the Eagle Ford project in the South-Texas-Gulf Coast Basin. Sundance Energy Australia Limited was incorporated in 2004 and is based in Wayville, Australia.

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Earnings History and Estimates for SUNDANCE ENERGY/S (NASDAQ:SNDE)

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