-$0.16 EPS Expected for Jones Energy, Inc. (JONE) This Quarter

Equities analysts forecast that Jones Energy, Inc. (NYSE:JONE) will post earnings of ($0.16) per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Jones Energy’s earnings. The highest EPS estimate is ($0.08) and the lowest is ($0.30). Jones Energy reported earnings per share of ($0.08) during the same quarter last year, which would suggest a negative year-over-year growth rate of 100%. The business is scheduled to announce its next earnings report on Wednesday, August 2nd.

On average, analysts expect that Jones Energy will report full-year earnings of ($0.55) per share for the current year, with EPS estimates ranging from ($0.88) to ($0.32). For the next year, analysts expect that the company will report earnings of ($0.74) per share, with EPS estimates ranging from ($0.95) to ($0.51). Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Jones Energy.

A number of brokerages have recently weighed in on JONE. Stifel Nicolaus restated a “buy” rating and set a $5.00 price target on shares of Jones Energy in a research note on Monday, April 17th. Zacks Investment Research lowered Jones Energy from a “buy” rating to a “hold” rating in a research note on Friday, April 21st. Barclays PLC restated an “underweight” rating and set a $2.00 price target (down previously from $3.00) on shares of Jones Energy in a research note on Saturday, April 22nd. Finally, SunTrust Banks, Inc. reiterated a “buy” rating on shares of Jones Energy in a research report on Monday, March 13th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $4.64.

Jones Energy (NYSE JONE) traded up 1.316% during trading on Friday, reaching $1.925. 327,824 shares of the company’s stock were exchanged. Jones Energy has a 12-month low of $1.75 and a 12-month high of $4.91. The company’s market cap is $126.15 million. The stock’s 50-day moving average is $2.10 and its 200-day moving average is $3.42.

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In other Jones Energy news, President Mike Mcconnell sold 38,927 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $1.95, for a total value of $75,907.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Eric Niccum sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $1.91, for a total value of $76,400.00. The disclosure for this sale can be found here. 37.20% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Guggenheim Capital LLC increased its position in shares of Jones Energy by 0.4% in the fourth quarter. Guggenheim Capital LLC now owns 111,558 shares of the oil and gas producer’s stock worth $558,000 after buying an additional 414 shares during the last quarter. Highbridge Capital Management LLC increased its position in shares of Jones Energy by 4.3% in the first quarter. Highbridge Capital Management LLC now owns 42,280 shares of the oil and gas producer’s stock worth $108,000 after buying an additional 1,735 shares during the last quarter. Parametric Portfolio Associates LLC increased its position in shares of Jones Energy by 11.1% in the first quarter. Parametric Portfolio Associates LLC now owns 41,601 shares of the oil and gas producer’s stock worth $106,000 after buying an additional 4,170 shares during the last quarter. TIAA CREF Investment Management LLC increased its position in shares of Jones Energy by 4.1% in the first quarter. TIAA CREF Investment Management LLC now owns 150,239 shares of the oil and gas producer’s stock worth $383,000 after buying an additional 5,947 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its position in shares of Jones Energy by 0.9% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 714,388 shares of the oil and gas producer’s stock worth $1,822,000 after buying an additional 6,641 shares during the last quarter.

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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