Sundance Energy Inc. (NASDAQ: SNDE) is -1.72% lower on its value in year-to-date trading and has touched a low of $1.00 and a high of $6.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SNDE stock was last observed hovering at around $2.35 in the last trading session, with the day’s loss setting it -0.64% off its average median price target of $3.50 for the next 12 months. It is also 51.14% off the consensus price target high of $3.50 offered by 1 analysts, but current levels are 51.14% higher than the price target low of $3.50 for the same period.
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Currently trading at $1.71, the stock is -37.24% and -29.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.1 million and changing -27.23% at the moment leaves the stock -27.95% off its SMA200. SNDE registered -53.78% loss for a year compared to 6-month gain of -8.06%. The firm has a 50-day simple moving average (SMA 50) of $2.6812 and a 200-day simple moving average (SMA200) of $2.1787.
The stock witnessed a -38.93% loss in the last 1 month and extending the period to 3 months gives it a -9.52%, and is -32.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 20.35% over the week and 14.25% over the month.
Sundance Energy Inc. (SNDE) has around 79 employees, a market worth around $11.76M and $113.78M in sales. Distance from 52-week low is 71.00% and -74.09% from its 52-week high.
Sundance Energy Inc. (SNDE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Sundance Energy Inc. (SNDE) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Sundance Energy Inc. quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $99M over the same period., but quarterly earnings will post -51.40% year-over-year. Quarterly sales are estimated to shrink -51.40% in year-over-year returns.
Sundance Energy Inc. (SNDE) Top Institutional Holders
14 institutions hold shares in Sundance Energy Inc. (SNDE), with 33.83k shares held by insiders accounting for 0.49% while institutional investors hold 13.20% of the company’s shares. The shares outstanding are 6.88M, and float is at 6.84M with Short Float at 5.24%. Institutions hold 13.13% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 0.14 million shares valued at $0.25 million. The investor’s holdings represent 2.05% of the SNDE Shares outstanding. As of Dec 30, 2020, the second largest holder is Bridgeway Capital Management, Inc. with 46600.0 shares valued at $81084.0 to account for 0.68% of the shares outstanding. The other top investors are Macquarie Group Limited which holds 11181.0 shares representing 0.16% and valued at over $19454.0, while Morgan Stanley holds 0.13% of the shares totaling 9034.0 with a market value of $15719.0.