Sanchez Energy Corporation (NYSE:SN) registered a -5.48% decrease, still its new closing price is 436.25% up from the company’s 1 year high of 14.39.It posted 3.30% gains in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 16 stock analysts following this company have an average price target at $14.63, with individual PT in the $10.00-$22.00 range. The shares moved at $13.46, implying that brokerage firms see shares gaining about 271.82% in twelve months time.
Sanchez Energy Corporation (SN) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 49.06% rise year to date. A Ex Chairman of the BoD at Sanchez Energy Corporation (SN) offloaded shares in a transaction closed on Monday January 09, 2017. SANCHEZ ANTONIO R JR sold 82,573 shares in the company at $8.7 each and collected $718,000 in proceeds. SANCHEZ ANTONIO R JR now owns 6,146,420 shares in the company after this transaction. A CEO in the company, SANCHEZ ANTONIO R III, disclosed a transaction on Monday January 09, 2017 that ended up generating $454,000 from the sale of 52,216 shares at $8.7 per share.
Sanchez Energy Corporation (NYSE:SN) Upcoming Results on Tap
Sanchez Energy Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.00 in that period. Sales during the quarter are predicted to arrive at $127.34 million.
Earnings surprise history: Last quarter, the company posted approximately $114.81 million in revenue and EPS of $0.14. The mean forecast was for $133.37 million and $0.03 a share, respectively. One quarter earlier, revenue for the stock was at $110.97 million, with earnings at $0.01/share.
Sanchez Energy Corporation (SN) Brokerage Update
Sanchez Energy Corporation (SN) is in Seaport Global Securities’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by Seaport Global Securities, according to news reported on Tuesday January 24, 2017.Another important research note was issued by KLR Group on Friday January 13, 2017.The firm upgraded SN to Buy from Hold. Over the last six months and over the last three months, the shares of Sanchez Energy Corporation (SN), have changed 112.30% and 87.47%, respectively.