Barry Schneider Purchases 15,000 Shares of Lonestar Resources US (LONE) Stock

Lonestar Resources US (NASDAQ:LONE) insider Barry Schneider purchased 15,000 shares of the business’s stock in a transaction on Thursday, April 12th. The shares were acquired at an average cost of $4.60 per share, with a total value of $69,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

LONE opened at $4.60 on Friday. Lonestar Resources US has a fifty-two week low of $2.43 and a fifty-two week high of $5.50. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.29 and a quick ratio of 0.29. The firm has a market cap of $112.09, a PE ratio of -10.95 and a beta of -0.10.

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Lonestar Resources US (NASDAQ:LONE) last issued its quarterly earnings data on Wednesday, March 28th. The energy company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.01. Lonestar Resources US had a negative return on equity of 4.99% and a negative net margin of 41.10%. The firm had revenue of $31.43 million during the quarter, compared to analyst estimates of $30.61 million. sell-side analysts predict that Lonestar Resources US will post -0.32 EPS for the current year.

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Lonestar Resources US by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 348,999 shares of the energy company’s stock valued at $1,500,000 after purchasing an additional 5,372 shares during the last quarter. Deutsche Bank AG lifted its holdings in shares of Lonestar Resources US by 106.8% during the 4th quarter. Deutsche Bank AG now owns 97,600 shares of the energy company’s stock valued at $387,000 after purchasing an additional 50,404 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Lonestar Resources US by 113.6% during the 4th quarter. Renaissance Technologies LLC now owns 107,500 shares of the energy company’s stock valued at $427,000 after purchasing an additional 57,171 shares during the last quarter. CAPROCK Group Inc. purchased a new stake in shares of Lonestar Resources US during the 4th quarter valued at $298,000. Finally, Gardner Lewis Asset Management L P lifted its holdings in shares of Lonestar Resources US by 58.9% during the 4th quarter. Gardner Lewis Asset Management L P now owns 368,855 shares of the energy company’s stock valued at $1,464,000 after purchasing an additional 136,755 shares during the last quarter. Hedge funds and other institutional investors own 52.47% of the company’s stock.

Several equities research analysts have issued reports on LONE shares. Seaport Global Securities raised Lonestar Resources US from a “neutral” rating to a “buy” rating in a report on Friday, January 5th. B. Riley started coverage on Lonestar Resources US in a report on Monday, February 5th. They set a “buy” rating and a $7.75 price target for the company. Cowen set a $8.00 price target on Lonestar Resources US and gave the company a “buy” rating in a report on Thursday, January 11th. Roth Capital set a $7.00 price target on Lonestar Resources US and gave the company a “buy” rating in a report on Thursday, December 21st. Finally, Zacks Investment Research raised Lonestar Resources US from a “sell” rating to a “hold” rating in a report on Saturday, April 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $7.43.

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About Lonestar Resources US

Lonestar Resources US Inc, an independent oil and gas company, engages in the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas properties in the United States. The company primarily focuses on Eagle Ford Shale properties in Texas counties. It also owns 28,655 net undeveloped acres in the Poplar West area of the Bakken Three Forks formation located in Roosevelt County, Montana.

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