Brokerages expect that Sundance Energy Australia Ltd (NASDAQ:SNDE) will post earnings of ($0.23) per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Sundance Energy Australia’s earnings. The highest EPS estimate is $0.03 and the lowest is ($0.48). The business is expected to announce its next earnings results on Friday, March 30th.

According to Zacks, analysts expect that Sundance Energy Australia will report full year earnings of $0.04 per share for the current fiscal year, with EPS estimates ranging from ($0.84) to $0.91. For the next year, analysts forecast that the company will post earnings of ($0.24) per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that that provide coverage for Sundance Energy Australia.

Several research firms have recently weighed in on SNDE. Zacks Investment Research downgraded Sundance Energy Australia from a “buy” rating to a “hold” rating in a research note on Thursday. ValuEngine downgraded Sundance Energy Australia from a “sell” rating to a “strong sell” rating in a research note on Sunday, December 31st. Seaport Global Securities upgraded Sundance Energy Australia from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 19th. Finally, Stifel Nicolaus set a $7.00 price target on Sundance Energy Australia and gave the stock a “buy” rating in a research note on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $6.13.

Sundance Energy Australia (SNDE) traded up $0.09 during mid-day trading on Friday, hitting $8.34. The stock had a trading volume of 40,493 shares, compared to its average volume of 22,367. Sundance Energy Australia has a 12 month low of $3.61 and a 12 month high of $17.60.

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Sundance Energy Australia Company Profile

Sundance Energy Australia Limited engages in the exploration, development, and production of oil and natural gas in the United States. The company’s exploration and development activities are focused in the Eagle Ford project in the South-Texas-Gulf Coast Basin; and the Mississippian/Woodford Formations in Oklahoma.

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