Rosehill Resources Inc Class A (ROSE) – Investment Analysts’ Recent Ratings Changes

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A number of research firms have changed their ratings and price targets for Rosehill Resources Inc Class A (NASDAQ: ROSE):

  • 8/30/2018 – Rosehill Resources Inc Class A was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “Rosehill Resources Inc. is an oil and gas exploration company. Its principally producing assets located in Texas and New Mexico and its investment activity will be focused on the Delaware Basin portion of the Permian Basin. Rosehill Resources Inc., formerly known as KLR Energy Acquisition Corp., is based in Houston, United States. “
  • 8/24/2018 – Rosehill Resources Inc Class A was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 8/23/2018 – Rosehill Resources Inc Class A is now covered by analysts at Stifel Nicolaus. They set a “buy” rating and a $14.00 price target on the stock.
  • 8/18/2018 – Rosehill Resources Inc Class A was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 8/14/2018 – Rosehill Resources Inc Class A was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Rosehill Resources Inc. is an oil and gas exploration company. Its principally producing assets located in Texas and New Mexico and its investment activity will be focused on the Delaware Basin portion of the Permian Basin. Rosehill Resources Inc., formerly known as KLR Energy Acquisition Corp., is based in Houston, United States. “
  • 7/12/2018 – Rosehill Resources Inc Class A was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.

Shares of Rosehill Resources Inc Class A stock traded down $0.58 during trading on Thursday, reaching $6.97. 45,789 shares of the stock were exchanged, compared to its average volume of 33,539. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 7.83. The firm has a market cap of $290.07 million, a P/E ratio of -43.56 and a beta of 1.17. Rosehill Resources Inc Class A has a 1 year low of $5.52 and a 1 year high of $10.84.

Rosehill Resources Inc Class A (NASDAQ:ROSE) last posted its earnings results on Thursday, August 16th. The company reported $0.75 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.57. The company had revenue of $80.53 million during the quarter, compared to analyst estimates of $70.45 million. Rosehill Resources Inc Class A had a net margin of 13.78% and a return on equity of 118.18%. research analysts forecast that Rosehill Resources Inc Class A will post -0.2 earnings per share for the current fiscal year.

In other news, Director Harry Quarls bought 5,000 shares of the company’s stock in a transaction dated Wednesday, August 22nd. The stock was bought at an average cost of $7.28 per share, for a total transaction of $36,400.00. Following the completion of the acquisition, the director now owns 57,562 shares in the company, valued at approximately $419,051.36. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Principal Fund L.P. K2 sold 32,430 shares of the stock in a transaction dated Friday, August 10th. The stock was sold at an average price of $8.77, for a total transaction of $284,411.10. Following the sale, the insider now owns 268,769 shares of the company’s stock, valued at $2,357,104.13. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 57,463 shares of company stock valued at $512,026. 60.00% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently modified their holdings of the business. Millennium Management LLC lifted its holdings in Rosehill Resources Inc Class A by 61.4% in the first quarter. Millennium Management LLC now owns 18,600 shares of the company’s stock worth $109,000 after buying an additional 7,075 shares during the period. Wells Fargo & Company MN lifted its holdings in Rosehill Resources Inc Class A by 5.2% in the first quarter. Wells Fargo & Company MN now owns 155,546 shares of the company’s stock worth $913,000 after buying an additional 7,738 shares during the period. Finally, Quantum Capital Management lifted its holdings in Rosehill Resources Inc Class A by 130.1% in the first quarter. Quantum Capital Management now owns 214,442 shares of the company’s stock worth $1,259,000 after buying an additional 121,233 shares during the period. Institutional investors and hedge funds own 5.02% of the company’s stock.

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, 2017, its portfolio included 39 gross operated producing horizontal wells and 3 gross operated horizontal wells in the Northern Delaware Basin; and working interests in approximately 14,762 gross acres in the Northern and Southern Delaware Basin with an inventory of 530 gross operated and non-operated potential horizontal drilling locations.

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