Rosehill Resources Inc (NASDAQ:ROSE) Receives $10.00 Consensus PT from Analysts

Shares of Rosehill Resources Inc (NASDAQ:ROSE) have received a consensus rating of “Buy” from the eight brokerages that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $10.00.

ROSE has been the subject of several analyst reports. Northland Securities set a $75.00 price objective on Rapid7 and gave the company a “buy” rating in a report on Monday, July 15th. Zacks Investment Research upgraded Icon from a “hold” rating to a “buy” rating and set a $157.00 price objective for the company in a report on Thursday, May 30th.

Shares of ROSE traded down $0.02 during midday trading on Friday, hitting $3.06. The stock had a trading volume of 12,277 shares, compared to its average volume of 68,376. The firm has a 50 day moving average of $3.28. Rosehill Resources has a twelve month low of $1.95 and a twelve month high of $9.22. The firm has a market capitalization of $135.26 million, a price-to-earnings ratio of 14.57 and a beta of 3.42. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 4.21.



Rosehill Resources (NASDAQ:ROSE) last released its quarterly earnings results on Tuesday, May 14th. The company reported $3.16 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $3.10. Rosehill Resources had a return on equity of 171.78% and a net margin of 6.78%. The firm had revenue of $71.86 million for the quarter, compared to the consensus estimate of $74.48 million. On average, sell-side analysts predict that Rosehill Resources will post 0.05 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in shares of Rosehill Resources in the 1st quarter valued at about $40,000. Jane Street Group LLC bought a new position in shares of Rosehill Resources in the 4th quarter valued at about $34,000. Cubic Asset Management LLC grew its holdings in shares of Rosehill Resources by 11.5% in the 1st quarter. Cubic Asset Management LLC now owns 117,075 shares of the company’s stock valued at $398,000 after acquiring an additional 12,075 shares in the last quarter. Q Global Advisors LLC grew its holdings in shares of Rosehill Resources by 155.7% in the 4th quarter. Q Global Advisors LLC now owns 418,823 shares of the company’s stock valued at $934,000 after acquiring an additional 255,000 shares in the last quarter. Finally, Quantum Capital Management grew its holdings in shares of Rosehill Resources by 2.6% in the 1st quarter. Quantum Capital Management now owns 937,661 shares of the company’s stock valued at $3,188,000 after acquiring an additional 23,373 shares in the last quarter. Institutional investors own 10.72% of the company’s stock.

About Rosehill Resources

Rosehill Resources Inc, an independent oil and natural gas company, focuses on the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. As of December 31, 2018, its portfolio included 67 gross operated producing horizontal wells in the Northern Delaware Basin and 4 gross operated producing horizontal wells in the Southern Delaware Basin; and working interests in approximately 6,665 gross acres in the Northern Delaware Basin and 9,219 gross acres in the Southern Delaware Basin, as well as 513 gross operated and 53 non-operated potential horizontal drilling locations in the Northern and Southern Delaware Basin.

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Analyst Recommendations for Rosehill Resources (NASDAQ:ROSE)

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