Jones Energy (NYSE:JONE) Receiving Somewhat Favorable News Coverage, Study Finds

Media headlines about Jones Energy (NYSE:JONE) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Jones Energy earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 45.4691193799515 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:

Shares of Jones Energy (NYSE JONE) traded down 1.81% during midday trading on Wednesday, reaching $1.63. The company’s stock had a trading volume of 1,506,923 shares. Jones Energy has a one year low of $0.85 and a one year high of $5.34. The stock’s 50 day moving average price is $1.17 and its 200 day moving average price is $1.81. The firm’s market cap is $118.59 million.

Jones Energy (NYSE:JONE) last released its quarterly earnings results on Thursday, August 3rd. The oil and gas producer reported $0.12 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.18) by $0.30. The business had revenue of $48.60 million during the quarter, compared to analyst estimates of $53.93 million. Jones Energy had a negative net margin of 79.19% and a positive return on equity of 0.09%. The business’s revenue was up 67.0% on a year-over-year basis. During the same period last year, the business earned ($0.09) EPS. Analysts predict that Jones Energy will post ($0.21) earnings per share for the current year.

Several research firms have issued reports on JONE. J P Morgan Chase & Co lowered Jones Energy from an “overweight” rating to a “neutral” rating and set a $1.50 price target for the company. in a report on Thursday, July 20th. Zacks Investment Research raised Jones Energy from a “hold” rating to a “buy” rating and set a $1.50 price target for the company in a report on Tuesday, July 18th. Finally, Seaport Global Securities lowered Jones Energy from a “buy” rating to a “neutral” rating and cut their price target for the company from $5.00 to $1.50 in a report on Wednesday, June 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $3.93.

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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.

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