Lonestar Resources US Inc. (NASDAQ:LONE) traded at $0.29 at last check on Tuesday, Sep 15, making an upward move of 6.97% on its previous day’s price.
Looking at the stock we see that its previous close was $0.27 and the beta (5Y monthly) reads 3.23 with the day’s price range being $0.2700 – 0.3737. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, LONE has a high of $3.42 and a low of $0.25. The company’s stock has gained about -23.97% over that past 30 days.
Lonestar has a market cap of $7.07 Million and is expected to release its quarterly earnings report on July 02, 2020. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the LONE stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$0.04, with the EPS growth for the year raised at -$0.82 for 2020 and -$0.23 for next year. These figures represent -0.93% and at -0.72% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $30.68 Million, with a low of $29.44 Million and a high of $31.7 Million. The median projection represents growth adding up to 128.4% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $93.81 Million, or +61.8% up from figures reported last year.
On the other hand, looking at the outlook for the LONE stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Based on estimates by 1 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Lonestar Resources US Inc. (LONE) stock as a Hold, while none rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the LONE stock currently stands at 0, and the current price level is -6.53% off its SMA20 and -22.2% from its 50-day simple moving average. The RSI (14) is pointing at 45.69 while the volatility over the past week is 13.79% and jumps to 15.35% over the past one month. The beta value is 3.23, while the average true range (ATR) is currently pointing at 0.05. The average price target for the stock over the next 12 months is $0.5, with the estimates having a low of $0.5 and a high of $0.5. These price ends are 72.41% and +72.41% off the current price level respectively, although investors could be excited at the prospect of a +72.41% if the LONE share price touches on the median price of $0.5.
Let’s briefly compare Lonestar (LONE) stock to its peers. We find that today’s price change of +6.97% and -91.3% over the past 12 months for LONE competes that of Eog Resources (EOG), which has seen its stock price fall -1.48% in the latest trading session and is -54.94% over the last one year. Another of its peers Pioneer Natural Resources Company (PXD) has climbed 1.37% today, but is -34.39% down over the past year, while Cheniere Energy (LNG) is also up 6.97% yet its price remains in the red at -91.3% over the same period. Eog has a P/E ratio of 64.1 compared to Lonestar’s 0 and Pioneer’s 37.21. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.52% and 0.01%, respectively, in early deals.
Coming back to Lonestar Resources US Inc. (NASDAQ:LONE), we note that the average 3-month trading volume was 1.7 Million, while that of the preceding 10-day period stands at 983.42 Million. Current shares outstanding are 25.38 Million.
According to data from Thomson Reuters, insiders hold 17.79% of the company’s shares while institutions hold 47.42%. The data shows that short shares as of August 30, 2020, stood at 1Million at a short ratio of 1.35. This represents a 3.93% Short interest in Shares outstanding on August 30, 2020. Shares short dropped in August from the previous month at 501.33 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -89% down in year-to-date price movement.