Rosehill Resources Inc (NASDAQ:ROSE) – Investment analysts at B. Riley lifted their Q3 2019 EPS estimates for shares of Rosehill Resources in a note issued to investors on Friday, May 17th. B. Riley analyst R. Rashid now anticipates that the company will earn $0.33 per share for the quarter, up from their prior estimate of $0.29.
Rosehill Resources (NASDAQ:ROSE) last announced its quarterly earnings results on Wednesday, March 27th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.09. The firm had revenue of $83.01 million for the quarter, compared to the consensus estimate of $83.65 million. Rosehill Resources had a net margin of 6.78% and a return on equity of 171.78%.
A number of other analysts also recently issued reports on ROSE. Zacks Investment Research downgraded shares of Rosehill Resources from a “buy” rating to a “hold” rating in a report on Thursday, April 11th. Northland Securities reaffirmed a “buy” rating and set a $8.00 price target on shares of Rosehill Resources in a report on Friday, March 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company’s stock. Rosehill Resources currently has an average rating of “Buy” and an average price target of $8.90.
Shares of NASDAQ ROSE opened at $3.88 on Monday. The company has a current ratio of 0.35, a quick ratio of 1.07 and a debt-to-equity ratio of 4.21. The stock has a market cap of $168.60 million, a PE ratio of 18.48 and a beta of 3.24. Rosehill Resources has a 52-week low of $1.95 and a 52-week high of $9.44.
Several large investors have recently modified their holdings of ROSE. Quantum Capital Management lifted its stake in shares of Rosehill Resources by 165.6% in the 4th quarter. Quantum Capital Management now owns 914,288 shares of the company’s stock worth $2,039,000 after purchasing an additional 570,059 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Rosehill Resources by 287.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 508,303 shares of the company’s stock worth $3,101,000 after purchasing an additional 377,066 shares during the period. Q Global Advisors LLC lifted its stake in shares of Rosehill Resources by 155.7% in the 4th quarter. Q Global Advisors LLC now owns 418,823 shares of the company’s stock worth $934,000 after purchasing an additional 255,000 shares during the period. Vanguard Group Inc lifted its stake in shares of Rosehill Resources by 142.4% in the 3rd quarter. Vanguard Group Inc now owns 400,108 shares of the company’s stock worth $2,441,000 after purchasing an additional 235,056 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Rosehill Resources by 142.4% in the 3rd quarter. Vanguard Group Inc. now owns 400,108 shares of the company’s stock worth $2,441,000 after purchasing an additional 235,056 shares during the period. Hedge funds and other institutional investors own 12.59% of the company’s stock.
Rosehill Resources Company Profile
Rosehill Resources Inc, an independent oil and natural gas company, focuses on the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. As of December 31, 2018, its portfolio included 67 gross operated producing horizontal wells in the Northern Delaware Basin and 4 gross operated producing horizontal wells in the Southern Delaware Basin; and working interests in approximately 6,665 gross acres in the Northern Delaware Basin and 9,219 gross acres in the Southern Delaware Basin, as well as 513 gross operated and 53 non-operated potential horizontal drilling locations in the Northern and Southern Delaware Basin.
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