Wall Street analysts predict that Jones Energy Inc (NYSE:JONE) will report earnings of ($0.27) per share for the current quarter, according to Zacks. Three analysts have made estimates for Jones Energy’s earnings. The highest EPS estimate is ($0.15) and the lowest is ($0.40). Jones Energy posted earnings per share of ($0.13) in the same quarter last year, which indicates a negative year-over-year growth rate of 107.7%. The company is scheduled to issue its next quarterly earnings report on Tuesday, November 6th.

On average, analysts expect that Jones Energy will report full-year earnings of ($1.11) per share for the current fiscal year, with EPS estimates ranging from ($1.46) to ($0.75). For the next fiscal year, analysts expect that the company will report earnings of ($0.75) per share, with EPS estimates ranging from ($1.09) to ($0.47). Zacks’ earnings per share averages are a mean average based on a survey of analysts that that provide coverage for Jones Energy.

Jones Energy (NYSE:JONE) last posted its quarterly earnings results on Monday, August 6th. The oil and gas producer reported ($0.29) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.27) by ($0.02). Jones Energy had a negative return on equity of 16.15% and a negative net margin of 38.28%. The business had revenue of $65.26 million during the quarter, compared to analyst estimates of $56.57 million.

JONE has been the topic of several research analyst reports. ValuEngine upgraded shares of Jones Energy from a “hold” rating to a “buy” rating in a research report on Monday, June 4th. Seaport Global Securities reissued a “neutral” rating on shares of Jones Energy in a research note on Wednesday, July 25th. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. The stock has an average rating of “Hold” and a consensus target price of $1.06.

In related news, VP Robert J. Brooks sold 285,511 shares of Jones Energy stock in a transaction on Wednesday, July 11th. The shares were sold at an average price of $0.38, for a total value of $108,494.18. Following the completion of the sale, the vice president now owns 311,004 shares of the company’s stock, valued at approximately $118,181.52. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jonny Jones sold 214,410 shares of Jones Energy stock in a transaction on Wednesday, June 20th. The shares were sold at an average price of $0.38, for a total transaction of $81,475.80. Following the completion of the sale, the director now directly owns 284,168 shares of the company’s stock, valued at approximately $107,983.84. The disclosure for this sale can be found here. Insiders have sold a total of 530,331 shares of company stock valued at $201,526 in the last three months. Company insiders own 32.10% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the stock. Q Global Advisors LLC lifted its stake in shares of Jones Energy by 3.2% in the 1st quarter. Q Global Advisors LLC now owns 4,845,417 shares of the oil and gas producer’s stock valued at $3,876,000 after purchasing an additional 151,840 shares during the last quarter. Marathon Asset Management LP acquired a new stake in shares of Jones Energy in the 1st quarter valued at $1,430,000. Goldman Sachs Group Inc. lifted its stake in shares of Jones Energy by 68.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 219,037 shares of the oil and gas producer’s stock valued at $241,000 after purchasing an additional 89,224 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Jones Energy by 4.7% in the 4th quarter. BlackRock Inc. now owns 3,763,979 shares of the oil and gas producer’s stock valued at $4,141,000 after purchasing an additional 168,853 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Jones Energy by 22.6% in the 4th quarter. Bank of New York Mellon Corp now owns 328,219 shares of the oil and gas producer’s stock valued at $361,000 after purchasing an additional 60,510 shares during the last quarter. 60.28% of the stock is owned by institutional investors and hedge funds.

NYSE JONE traded down $0.04 on Friday, hitting $0.50. 1,706,415 shares of the stock were exchanged, compared to its average volume of 1,292,978. Jones Energy has a 52-week low of $0.28 and a 52-week high of $2.21. The company has a current ratio of 1.28, a quick ratio of 1.69 and a debt-to-equity ratio of 1.94.

Jones Energy Company Profile

Jones Energy, Inc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the mid-continent United States. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage located in the Anadarko Basin in Oklahoma and Texas.

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Earnings History and Estimates for Jones Energy (NYSE:JONE)

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