SUNDANCE ENERGY/S (NASDAQ:SNDE) Expected to Announce Quarterly Sales of $55.83 Million

Equities analysts predict that SUNDANCE ENERGY/S (NASDAQ:SNDE) will report $55.83 million in sales for the current fiscal quarter, Zacks Investment Research reports. Six analysts have made estimates for SUNDANCE ENERGY/S’s earnings. The highest sales estimate is $57.00 million and the lowest is $54.30 million. The business is expected to announce its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that SUNDANCE ENERGY/S will report full year sales of $236.18 million for the current year, with estimates ranging from $228.00 million to $243.50 million. For the next fiscal year, analysts forecast that the business will report sales of $277.98 million, with estimates ranging from $259.00 million to $295.10 million. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that follow SUNDANCE ENERGY/S.

Several equities research analysts recently weighed in on the company. ValuEngine raised SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. Zacks Investment Research raised SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a report on Friday, April 26th. Imperial Capital assumed coverage on SUNDANCE ENERGY/S in a report on Thursday, May 2nd. They issued an “outperform” rating and a $6.00 price objective for the company. Seaport Global Securities reissued a “buy” rating on shares of SUNDANCE ENERGY/S in a report on Friday, June 21st. Finally, SunTrust Banks lowered SUNDANCE ENERGY/S to a “hold” rating in a report on Monday, July 8th. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. SUNDANCE ENERGY/S presently has an average rating of “Buy” and a consensus target price of $8.25.

SNDE traded down $0.06 during trading hours on Friday, hitting $1.21. The stock had a trading volume of 3,969 shares, compared to its average volume of 17,225. The firm’s fifty day simple moving average is $1.58. SUNDANCE ENERGY/S has a 1 year low of $1.14 and a 1 year high of $6.75.


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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