Lilis Energy Inc (NYSEAMERICAN:LLEX) – Analysts at Seaport Global Securities increased their FY2017 earnings per share (EPS) estimates for shares of Lilis Energy in a research report issued on Tuesday. Seaport Global Securities analyst M. Kelly now anticipates that the company will post earnings per share of ($0.73) for the year, up from their prior estimate of ($0.74). Seaport Global Securities currently has a “Buy” rating and a $8.00 target price on the stock. Seaport Global Securities also issued estimates for Lilis Energy’s Q1 2018 earnings at ($0.04) EPS, Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.08 EPS, Q4 2018 earnings at $0.10 EPS and FY2018 earnings at $0.18 EPS.

A number of other equities analysts have also weighed in on the company. Zacks Investment Research upgraded Lilis Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, October 17th. Capital One Financial restated an “overweight” rating and set a $7.00 target price on shares of Lilis Energy in a research report on Thursday, October 5th. Stephens began coverage on Lilis Energy in a research report on Friday, September 29th. They set an “overweight” rating and a $6.00 target price on the stock. Williams Capital began coverage on Lilis Energy in a research report on Tuesday, September 26th. They set a “buy” rating and a $7.00 target price on the stock. Finally, Leerink Swann began coverage on Lilis Energy in a research report on Monday, August 28th. They set an “outperform” rating and a $6.00 target price on the stock. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Lilis Energy has a consensus rating of “Buy” and a consensus target price of $6.71.

Lilis Energy (LLEX) opened at $4.87 on Thursday. Lilis Energy has a 52 week low of $2.85 and a 52 week high of $5.69.

In related news, major shareholder Fund Vertex sold 60,920 shares of Lilis Energy stock in a transaction dated Friday, October 6th. The stock was sold at an average price of $4.97, for a total value of $302,772.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

An institutional investor recently raised its position in Lilis Energy stock. Wolverine Trading LLC lifted its stake in shares of Lilis Energy Inc (NYSEAMERICAN:LLEX) by 411.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,188 shares of the company’s stock after purchasing an additional 49,214 shares during the period. Wolverine Trading LLC owned 0.12% of Lilis Energy worth $274,000 as of its most recent SEC filing.

TRADEMARK VIOLATION WARNING: “Seaport Global Securities Comments on Lilis Energy Inc’s FY2017 Earnings (LLEX)” was originally published by Watch List News and is owned by of Watch List News. If you are accessing this article on another domain, it was stolen and republished in violation of US & international copyright law. The correct version of this article can be viewed at https://www.watchlistnews.com/seaport-global-securities-comments-on-lilis-energy-incs-fy2017-earnings-llex/1776039.html.

Lilis Energy Company Profile

Lilis Energy, Inc is an upstream independent oil and gas company. The Company is engaged in the acquisition, drilling and production of oil and natural gas properties and prospects. The Company drills for, operates and produces oil and natural gas wells through its land holdings located in Wyoming, Colorado, and Nebraska.

Earnings History and Estimates for Lilis Energy (NYSEAMERICAN:LLEX)

Receive News & Ratings for Lilis Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lilis Energy and related companies with MarketBeat.com's FREE daily email newsletter.