Shares of Lonestar Resources US Inc. (NASDAQ:LONE) have received an average recommendation of “Buy” from the eight brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $9.08.

Several analysts have commented on the stock. Cowen and Company set a $9.00 target price on shares of Lonestar Resources US and gave the stock a “buy” rating in a report on Tuesday, July 18th. ValuEngine downgraded shares of Lonestar Resources US from a “sell” rating to a “strong sell” rating in a report on Friday, July 7th. Zacks Investment Research downgraded shares of Lonestar Resources US from a “buy” rating to a “hold” rating in a report on Tuesday, June 6th. Wunderlich raised their target price on shares of Lonestar Resources US from $13.00 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, May 31st. Finally, Roth Capital dropped their target price on shares of Lonestar Resources US from $15.00 to $9.00 and set a “buy” rating on the stock in a report on Thursday, July 20th.

Several hedge funds have recently bought and sold shares of LONE. Phoenix Investment Adviser LLC increased its stake in Lonestar Resources US by 28.0% in the first quarter. Phoenix Investment Adviser LLC now owns 100,496 shares of the energy company’s stock worth $509,000 after buying an additional 22,000 shares during the period. Hotchkis & Wiley Capital Management LLC increased its stake in Lonestar Resources US by 54.4% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 258,593 shares of the energy company’s stock worth $1,308,000 after buying an additional 91,100 shares during the period. Dialectic Capital Management LP increased its stake in Lonestar Resources US by 17.5% in the first quarter. Dialectic Capital Management LP now owns 623,261 shares of the energy company’s stock worth $3,154,000 after buying an additional 92,971 shares during the period. Victory Capital Management Inc. increased its stake in Lonestar Resources US by 25.0% in the second quarter. Victory Capital Management Inc. now owns 920,709 shares of the energy company’s stock worth $3,959,000 after buying an additional 183,904 shares during the period. Finally, Northpointe Capital LLC increased its stake in Lonestar Resources US by 21.0% in the second quarter. Northpointe Capital LLC now owns 1,439,473 shares of the energy company’s stock worth $6,190,000 after buying an additional 249,479 shares during the period. Institutional investors own 51.75% of the company’s stock.

Shares of Lonestar Resources US (LONE) opened at 3.27 on Friday. The stock’s 50 day moving average is $3.84 and its 200-day moving average is $4.86. Lonestar Resources US has a 12-month low of $3.26 and a 12-month high of $13.12. The firm’s market cap is $71.36 million.

Lonestar Resources US (NASDAQ:LONE) last released its quarterly earnings data on Monday, May 15th. The energy company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $0.09. Lonestar Resources US had a negative return on equity of 38.49% and a negative net margin of 139.50%. The firm had revenue of $17.62 million for the quarter, compared to the consensus estimate of $17.67 million. On average, analysts anticipate that Lonestar Resources US will post ($0.32) EPS for the current fiscal year.

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Lonestar Resources US Company Profile

Lonestar Resources Limited is an Australia-based oil and gas exploration and production company. The Company is involved in the exploration, production and acquisition of unconventional oil and gas reserves. It holds interests in approximately 38,191 net acres in the Eagle Ford Shale, Bakken and Three Forks plays.

Analyst Recommendations for Lonestar Resources US (NASDAQ:LONE)

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