Lonestar Resources US Inc. (NASDAQ: LONE): Hunting Genuine Value In Market Debris


    BlackRock Fund Advisors recently announced the acquisition of new stake in Lonestar Resources US Inc. (NASDAQ:LONE). The institutional investor has increased its shareholding in the Energy company by 1.36% to 0.41 million shares with purchase of 5520.0 shares. This fresh investment now brings its stake to 1.63% valued currently at $0.24 million. In addition, The Caprock Group, Inc. raised its holdings by 50000.0 to 0.22 million shares.

    With over 0.53 million Lonestar Resources US Inc. (LONE) shares trading Friday and a closing price of $0.40 on the day, the dollar volume was approximately $0.21 million. The shares have shown a negative weekly performance of -14.00% and its price on 07/10/20 gained nearly 3.98%. Currently, there are 24.94M common shares owned by the public and among those 20.89M shares have been available to trade.

    An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 5 analysts who have offered their price forecasts for LONE have a consensus price objective of $0.50. The analysts have set the share’s price value over the next 12 months at a high of $0.50 and a low of $0.50 should the stock experience a downside. Incidentally, analysts’ outlook for the Lonestar Resources US Inc. stock is 2.00 for the next 12 months. But an upside of 20.0% will see the stock hit the forecast high price target while mean target price for the stock is $0.50.

    Insiders at the company have transacted a total of 38 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 23 of these insider trades were purchases, accounting for 354,522 shares. Insider sales of the common stock occurred on 15 occasions, with total insider shares sold totaling 129,969 shares.

    The top 3 mutual fund holders in Lonestar Resources US Inc. are Wasatch Micro Cap Fund, Vanguard Total Stock Market Index, and Vanguard Extended Market Index Fu. Wasatch Micro Cap Fund owns 2.1 million shares of the company’s stock, all valued at over $1.22 million. Vanguard Extended Market Index Fu now owns shares totaling to 1.30% of the shares outstanding.

    Shares of Lonestar Resources US Inc. (NASDAQ: LONE) opened at $0.3857, up $0.01 from a prior closing price of $0.38. However, the script later closed the day at $0.40, up 3.98%. The company’s stock has a 5-day price change of -14.00% and -25.96% over the past three months. LONE shares are trading -84.68% year to date (YTD), with the 12-month market performance down to -83.48% lower. It has a 12-month low price of $0.36 and touched a high of $3.42 over the same period. Currently, 0.53 million shares have been traded, compared to an average intraday trading volume of 550.58K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -32.74%, -37.42%, and -72.98% respectively.

    Institutional ownership of Lonestar Resources US Inc. (NASDAQ: LONE) shares accounts for 40.40% of the company’s 24.94M shares outstanding. Mutual fund holders own 18.45%, while other institutional holders and individual stakeholders account for 38.73% and 13.31% respectively.

    It has a market capitalization of $10.23M and a beta (3y monthly) value of 3.56. The earnings-per-share (ttm) stands at -$4.48. Price movements for the stock have been influenced by the stock’s volatility, which stands at 11.28% over the week and 16.31% over the month.

    Analysts forecast that Lonestar Resources US Inc. (LONE) will achieve an EPS of -$0.04 for the current quarter, -$0.12 for the next quarter and -$0.23 for 2018. The lowest estimate earnings-per-share for the quarter is -$0.13 while analysts give the company a high EPS estimate of $0.01. Comparatively, EPS for the current quarter was -$7 a year ago. Earnings per share for the fiscal year are expected to increase by 93.00%, and 72.00% over the next financial year.

    If you are looking to buy this stock, then you may note that the average analyst recommendation by 5 brokerage firm advisors rate Lonestar Resources US Inc. (LONE) as a “Moderate Buy” at a consensus score of 2.00. Specifically, 0 Wall Street analysts polled rate the stock as a buy, while 5 of the 5 advise that investors “hold,” and 0 rated it as a “Sell.”

    Looking at the support for the LONE, a number of firms have released research notes about the stock. Cowen stated their Market Perform rating for the stock in a research note on March 11, 2020, with the firm’s price target at. SunTrust coverage for the Lonestar Resources US Inc. (LONE) stock in a research note released on November 13, 2019 offered a Hold rating with a price target of.


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