Press coverage about Jones Energy (NYSE:JONE) has been trending positive on Saturday, Alpha One reports. The research group, a unit of Accern, ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jones Energy earned a media sentiment score of 0.27 on Alpha One’s scale. Alpha One also assigned news articles about the oil and gas producer an impact score of 94 out of 100, indicating that recent media coverage is extremely likely to have an effect on the stock’s share price in the near future.
Shares of Jones Energy (NYSE:JONE) opened at 2.40 on Friday. The stock’s market capitalization is $157.28 million. The company’s 50 day moving average is $2.18 and its 200-day moving average is $3.60. Jones Energy has a 52 week low of $1.75 and a 52 week high of $4.91.
Jones Energy (NYSE:JONE) last posted its quarterly earnings results on Wednesday, March 8th. The oil and gas producer reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.02. Jones Energy had a negative net margin of 10.70% and a negative return on equity of 0.64%. The company had revenue of $39.50 million during the quarter, compared to analyst estimates of $44.66 million. During the same period last year, the firm posted $0.03 EPS. Jones Energy’s revenue for the quarter was up 3.4% compared to the same quarter last year. On average, equities analysts predict that Jones Energy will post ($0.58) earnings per share for the current year.
A number of brokerages have issued reports on JONE. Barclays PLC reaffirmed an “underweight” rating and issued a $2.00 price objective (down from $3.00) on shares of Jones Energy in a research report on Saturday, April 22nd. Zacks Investment Research downgraded shares of Jones Energy from a “buy” rating to a “hold” rating in a research report on Friday, April 21st. Stifel Nicolaus reissued a “buy” rating and set a $5.00 target price on shares of Jones Energy in a research report on Monday, April 17th. SunTrust Banks, Inc. reissued a “buy” rating on shares of Jones Energy in a research report on Monday, March 13th. Finally, Seaport Global Securities raised shares of Jones Energy from an “accumulate” rating to a “buy” rating in a research report on Wednesday, February 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $4.64.
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Jones Energy Company Profile
Jones Energy, Inc is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma.
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