Sanchez Energy Corporation (NYSE:SN) received a $5.00 price objective from investment analysts at Stifel Nicolaus in a report released on Thursday. The firm currently has a “hold” rating on the energy producer’s stock. Stifel Nicolaus’ price objective would suggest a potential upside of 8.70% from the stock’s current price.

A number of other equities research analysts also recently commented on SN. Seaport Global Securities downgraded shares of Sanchez Energy Corporation from a “buy” rating to a “sell” rating and lowered their price target for the stock from $15.00 to $5.00 in a report on Wednesday, June 21st. Royal Bank Of Canada set a $13.00 price target on shares of Sanchez Energy Corporation and gave the stock a “buy” rating in a report on Saturday, June 24th. BMO Capital Markets reiterated a “hold” rating and set a $5.00 price target on shares of Sanchez Energy Corporation in a report on Tuesday, June 27th. Zacks Investment Research upgraded shares of Sanchez Energy Corporation from a “strong sell” rating to a “hold” rating in a report on Thursday, July 13th. Finally, BidaskClub downgraded shares of Sanchez Energy Corporation from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Four analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $11.45.

Sanchez Energy Corporation (NYSE SN) opened at 4.60 on Thursday. Sanchez Energy Corporation has a 12-month low of $3.96 and a 12-month high of $14.39. The firm has a 50-day moving average of $4.56 and a 200 day moving average of $6.42. The firm’s market capitalization is $352.56 million.

Sanchez Energy Corporation (NYSE:SN) last issued its quarterly earnings results on Wednesday, August 9th. The energy producer reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.18). The firm had revenue of $175.70 million for the quarter, compared to analyst estimates of $178.97 million. Sanchez Energy Corporation’s quarterly revenue was up 58.3% on a year-over-year basis. During the same period in the previous year, the business posted ($3.20) EPS. On average, equities analysts predict that Sanchez Energy Corporation will post ($0.88) EPS for the current year.

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In other Sanchez Energy Corporation news, CAO Kirsten A. Hink sold 36,088 shares of Sanchez Energy Corporation stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $5.04, for a total transaction of $181,883.52. Following the transaction, the chief accounting officer now directly owns 178,390 shares of the company’s stock, valued at $899,085.60. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Kirsten A. Hink sold 38,634 shares of Sanchez Energy Corporation stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $5.02, for a total transaction of $193,942.68. Following the transaction, the vice president now directly owns 178,390 shares in the company, valued at $895,517.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have acquired 742,000 shares of company stock worth $3,379,220. 14.70% of the stock is currently owned by corporate insiders.

Hedge funds have recently made changes to their positions in the business. Virginia Retirement Systems ET AL acquired a new position in shares of Sanchez Energy Corporation during the first quarter worth $105,000. ClariVest Asset Management LLC acquired a new position in shares of Sanchez Energy Corporation during the first quarter worth $120,000. Mackay Shields LLC lifted its position in shares of Sanchez Energy Corporation by 25.4% during the second quarter. Mackay Shields LLC now owns 16,611 shares of the energy producer’s stock worth $119,000 after purchasing an additional 3,362 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Sanchez Energy Corporation by 27.4% during the first quarter. Legal & General Group Plc now owns 17,348 shares of the energy producer’s stock worth $165,000 after purchasing an additional 3,733 shares in the last quarter. Finally, Driehaus Capital Management LLC acquired a new position in shares of Sanchez Energy Corporation during the first quarter worth $166,000. 70.09% of the stock is currently owned by hedge funds and other institutional investors.

About Sanchez Energy Corporation

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of the United States onshore unconventional oil and natural gas resources. The Company primarily focuses on the Eagle Ford Shale in South Texas. The Company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

Analyst Recommendations for Sanchez Energy Corporation (NYSE:SN)

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