Jones Energy (NYSE:JONE) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Friday.

A number of other research analysts have also issued reports on the stock. Zacks Investment Research lowered shares of Jones Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. SunTrust Banks lowered shares of Jones Energy from a “buy” rating to a “hold” rating and set a $1.00 target price on the stock. in a research note on Tuesday, January 2nd. JPMorgan Chase & Co. lowered shares of Jones Energy from a “neutral” rating to an “underweight” rating in a research note on Friday, December 15th. Barclays lowered their target price on shares of Jones Energy from $1.50 to $0.50 and set an “underweight” rating on the stock in a research note on Monday, November 20th. Finally, Stephens lowered shares of Jones Energy from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, November 8th. Four investment analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $1.88.

Jones Energy (NYSE:JONE) opened at $1.12 on Friday. Jones Energy has a 12 month low of $0.73 and a 12 month high of $4.41. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.56 and a current ratio of 0.56. The company has a market cap of $109.84, a price-to-earnings ratio of -0.42 and a beta of 2.57.

Jones Energy (NYSE:JONE) last posted its earnings results on Tuesday, November 7th. The oil and gas producer reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.04. Jones Energy had a negative net margin of 105.90% and a negative return on equity of 0.80%. research analysts forecast that Jones Energy will post -0.32 earnings per share for the current year.

In related news, major shareholder Metalmark Capital Ii Llc sold 200,000 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $1.06, for a total value of $212,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 1,159,967 shares of company stock worth $1,217,564 over the last quarter. 37.20% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. California Public Employees Retirement System grew its position in Jones Energy by 46.1% in the 4th quarter. California Public Employees Retirement System now owns 790,881 shares of the oil and gas producer’s stock worth $870,000 after purchasing an additional 249,561 shares during the last quarter. Goodman Financial Corp grew its position in Jones Energy by 8.6% in the 4th quarter. Goodman Financial Corp now owns 1,931,702 shares of the oil and gas producer’s stock worth $2,125,000 after purchasing an additional 153,572 shares during the last quarter. Schwab Charles Investment Management Inc. acquired a new stake in Jones Energy in the 4th quarter worth $110,000. Bank of Montreal Can grew its position in Jones Energy by 8,977.4% in the 4th quarter. Bank of Montreal Can now owns 232,562 shares of the oil and gas producer’s stock worth $256,000 after purchasing an additional 230,000 shares during the last quarter. Finally, Country Club Trust Company n.a. grew its position in Jones Energy by 104.7% in the 4th quarter. Country Club Trust Company n.a. now owns 440,000 shares of the oil and gas producer’s stock worth $484,000 after purchasing an additional 225,000 shares during the last quarter. Institutional investors own 59.30% of the company’s stock.

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About Jones Energy

Jones Energy, Inc is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Jones Energy (NYSE:JONE)

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