Analysts Expect Jones Energy Inc (JONE) to Announce -$0.22 EPS

Share on StockTwits

Equities analysts predict that Jones Energy Inc (NYSE:JONE) will report ($0.22) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Jones Energy’s earnings. Jones Energy posted earnings of ($2.60) per share during the same quarter last year, which suggests a positive year over year growth rate of 91.5%. The firm is scheduled to report its next earnings report on Tuesday, November 6th.

On average, analysts expect that Jones Energy will report full year earnings of ($4.15) per share for the current financial year. For the next financial year, analysts forecast that the company will post earnings of ($13.96) per share, with EPS estimates ranging from ($17.11) to ($10.81). Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Jones Energy.

Jones Energy (NYSE:JONE) last posted its quarterly earnings data on Monday, August 6th. The oil and gas producer reported ($5.80) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($5.40) by ($0.40). The company had revenue of $65.26 million for the quarter, compared to analyst estimates of $56.57 million. Jones Energy had a negative return on equity of 16.15% and a negative net margin of 38.28%.

A number of equities analysts have weighed in on the stock. Stifel Nicolaus set a $14.00 price objective on shares of Jones Energy and gave the stock a “buy” rating in a research report on Wednesday, September 26th. Zacks Investment Research cut shares of Jones Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, September 18th. ValuEngine upgraded shares of Jones Energy from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 11th. Finally, Seaport Global Securities reiterated a “neutral” rating on shares of Jones Energy in a research report on Wednesday, July 25th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $14.80.

NYSE:JONE traded down $0.91 during trading hours on Friday, reaching $3.41. 325,800 shares of the company were exchanged, compared to its average volume of 65,081. The company has a debt-to-equity ratio of 1.94, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a market capitalization of $23.25 million, a PE ratio of -0.46 and a beta of 2.69. Jones Energy has a twelve month low of $3.41 and a twelve month high of $696.00.

An institutional investor recently raised its position in Jones Energy stock. Wolverine Asset Management LLC grew its holdings in Jones Energy Inc (NYSE:JONE) by 249,244.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 775,461 shares of the oil and gas producer’s stock after buying an additional 775,150 shares during the period. Wolverine Asset Management LLC owned 0.76% of Jones Energy worth $288,000 as of its most recent filing with the Securities & Exchange Commission.

Jones Energy Company Profile

Jones Energy, Inc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the mid-continent United States. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage located in the Anadarko Basin in Oklahoma and Texas.

Featured Article: Outstanding Shares and The Effect on Share Price

Get a free copy of the Zacks research report on Jones Energy (JONE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Jones Energy (NYSE:JONE)

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

Latest News

Banner Co.  Shares Bought by Prudential Financial Inc.
Banner Co. Shares Bought by Prudential Financial Inc.
Prudential Financial Inc. Has $5.30 Million Holdings in Brighthouse Financial Inc
Prudential Financial Inc. Has $5.30 Million Holdings in Brighthouse Financial Inc
Rhumbline Advisers Has $4.11 Million Position in Prestige Consumer Healthcare Inc
Rhumbline Advisers Has $4.11 Million Position in Prestige Consumer Healthcare Inc
Prudential Financial Inc. Has $5.69 Million Holdings in Delphi Technologies PLC
Prudential Financial Inc. Has $5.69 Million Holdings in Delphi Technologies PLC
Loop Capital Upgrades Coupa Software  to “Buy”
Loop Capital Upgrades Coupa Software to “Buy”
Laboratory Corp. of America  Price Target Lowered to $180.00 at Goldman Sachs Group
Laboratory Corp. of America Price Target Lowered to $180.00 at Goldman Sachs Group


© 2006-2018 Ticker Report