Equities analysts predict that Stone Energy Co. (NYSE:SGY) will post earnings per share (EPS) of $0.39 for the current quarter, according to Zacks. Zero analysts have issued estimates for Stone Energy’s earnings. The firm is expected to announce its next quarterly earnings report on Monday, June 11th.
According to Zacks, analysts expect that Stone Energy will report full year earnings of $1.78 per share for the current financial year. For the next financial year, analysts expect that the business will post earnings of $1.35 per share. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for Stone Energy.
Several research firms have issued reports on SGY. ValuEngine lowered shares of Stone Energy from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Zacks Investment Research lowered shares of Stone Energy from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. Canaccord Genuity reaffirmed a “buy” rating and issued a $3.25 price target on shares of Stone Energy in a report on Thursday, December 14th. National Securities lowered shares of Stone Energy from a “buy” rating to a “neutral” rating in a report on Tuesday, November 28th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $2.75 price target on shares of Stone Energy in a report on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $12.63.
Stone Energy (NYSE:SGY) traded down $0.74 during midday trading on Wednesday, reaching $34.94. 183,194 shares of the company’s stock traded hands, compared to its average volume of 169,612. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.20 and a current ratio of 2.20. Stone Energy has a fifty-two week low of $16.76 and a fifty-two week high of $39.70.
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Stone Energy Company Profile
Stone Energy Corporation is an independent oil and natural gas company. The Company is engaged in the acquisition, exploration, exploitation, development and operation of oil and gas properties. The Company operates in the Gulf of Mexico (GOM) basin. It has leveraged its operations in the GOM conventional shelf and has its reserve base in the prolific basins of the GOM deep water, Gulf Coast deep gas, and the Marcellus and Utica shales in Appalachia.
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