Rosehill Resources (ROSE) Reaches New 52-Week Low at $4.64

Rosehill Resources Inc (NASDAQ:ROSE)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $4.64 and last traded at $4.78, with a volume of 3570 shares traded. The stock had previously closed at $4.82.

A number of equities analysts have commented on the company. ValuEngine raised Rosehill Resources from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 12th. Zacks Investment Research cut Rosehill Resources from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 14th. Seaport Global Securities assumed coverage on Rosehill Resources in a research note on Thursday, September 20th. They issued a “buy” rating and a $12.00 price target on the stock. Stifel Nicolaus assumed coverage on Rosehill Resources in a research note on Thursday, August 23rd. They issued a “buy” rating and a $14.00 price target on the stock. Finally, SunTrust Banks assumed coverage on Rosehill Resources in a research note on Friday, October 19th. They issued a “buy” rating and a $10.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $11.07.

The company has a debt-to-equity ratio of 7.83, a current ratio of 0.43 and a quick ratio of 0.43. The company has a market capitalization of $181.74 million, a P/E ratio of -29.81 and a beta of 1.35.

Rosehill Resources (NASDAQ:ROSE) last posted its earnings results on Thursday, August 16th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.57. Rosehill Resources had a return on equity of 118.18% and a net margin of 13.78%. The firm had revenue of $80.53 million for the quarter, compared to analysts’ expectations of $70.45 million. Analysts predict that Rosehill Resources Inc will post 0.33 EPS for the current year.

In other Rosehill Resources news, Director Harry Quarls bought 8,178 shares of Rosehill Resources stock in a transaction dated Friday, September 28th. The shares were purchased at an average cost of $6.08 per share, with a total value of $49,722.24. Following the completion of the purchase, the director now owns 69,667 shares of the company’s stock, valued at $423,575.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Principal Fund L.P. K2 sold 32,430 shares of the business’s stock in a transaction that occurred on Friday, August 10th. The shares were sold at an average price of $8.77, for a total value of $284,411.10. Following the transaction, the insider now directly owns 268,769 shares in the company, valued at $2,357,104.13. The disclosure for this sale can be found here. Over the last three months, insiders have bought 44,340 shares of company stock worth $276,050 and have sold 112,803 shares worth $957,644. 60.00% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Quantum Capital Management increased its stake in shares of Rosehill Resources by 19.4% during the second quarter. Quantum Capital Management now owns 256,114 shares of the company’s stock valued at $2,080,000 after buying an additional 41,672 shares during the period. Wells Fargo & Company MN increased its stake in shares of Rosehill Resources by 5.2% during the first quarter. Wells Fargo & Company MN now owns 155,546 shares of the company’s stock valued at $913,000 after buying an additional 7,738 shares during the period. Finally, Millennium Management LLC increased its stake in shares of Rosehill Resources by 61.4% during the first quarter. Millennium Management LLC now owns 18,600 shares of the company’s stock valued at $109,000 after buying an additional 7,075 shares during the period. 5.05% of the stock is currently owned by hedge funds and other institutional investors.

Rosehill Resources Company Profile (NASDAQ:ROSE)

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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