Rosehill Resources Inc (NASDAQ:ROSE) has received a consensus rating of “Buy” from the ten brokerages that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $11.92.

A number of equities analysts have recently commented on ROSE shares. Zacks Investment Research cut Rosehill Resources from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 14th. Seaport Global Securities started coverage on Rosehill Resources in a report on Thursday, September 20th. They issued a “buy” rating and a $12.00 target price for the company. ValuEngine upgraded Rosehill Resources from a “strong sell” rating to a “sell” rating in a report on Friday, August 24th. Stifel Nicolaus started coverage on Rosehill Resources in a report on Thursday, August 23rd. They issued a “buy” rating and a $14.00 target price for the company. Finally, SunTrust Banks started coverage on Rosehill Resources in a report on Friday, October 19th. They issued a “buy” rating and a $10.00 target price for the company.

In related news, CFO Robert Craig Owen bought 16,000 shares of the company’s stock in a transaction dated Friday, November 30th. The stock was purchased at an average price of $3.85 per share, for a total transaction of $61,600.00. Following the acquisition, the chief financial officer now owns 302,057 shares in the company, valued at $1,162,919.45. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Harry Quarls bought 7,860 shares of the company’s stock in a transaction dated Thursday, November 15th. The stock was bought at an average price of $4.39 per share, with a total value of $34,505.40. Following the acquisition, the director now owns 99,349 shares in the company, valued at approximately $436,142.11. The disclosure for this purchase can be found here. In the last quarter, insiders bought 83,200 shares of company stock valued at $421,355 and sold 80,373 shares valued at $673,233. 60.00% of the stock is currently owned by insiders.

Several hedge funds have recently modified their holdings of ROSE. Millennium Management LLC lifted its stake in shares of Rosehill Resources by 61.4% during the 1st quarter. Millennium Management LLC now owns 18,600 shares of the company’s stock worth $109,000 after acquiring an additional 7,075 shares during the last quarter. Corsair Capital Management L.P. bought a new stake in shares of Rosehill Resources during the 3rd quarter worth approximately $110,000. Laurion Capital Management LP bought a new stake in shares of Rosehill Resources during the 3rd quarter worth approximately $153,000. Monashee Investment Management LLC bought a new stake in shares of Rosehill Resources during the 3rd quarter worth approximately $519,000. Finally, Hound Partners LLC bought a new stake in shares of Rosehill Resources during the 3rd quarter worth approximately $583,000. 15.86% of the stock is owned by hedge funds and other institutional investors.

NASDAQ ROSE traded up $0.01 during trading on Friday, hitting $3.33. 66,497 shares of the stock traded hands, compared to its average volume of 100,614. The stock has a market capitalization of $144.55 million, a PE ratio of -20.81 and a beta of 1.26. The company has a debt-to-equity ratio of 7.83, a current ratio of 0.35 and a quick ratio of 0.35. Rosehill Resources has a 12-month low of $3.24 and a 12-month high of $9.44.

Rosehill Resources (NASDAQ:ROSE) last released its quarterly earnings results on Friday, November 9th. The company reported $5.45 earnings per share for the quarter, beating the consensus estimate of $0.14 by $5.31. The business had revenue of $82.56 million during the quarter, compared to analysts’ expectations of $77.78 million. Rosehill Resources had a positive return on equity of 713.01% and a negative net margin of 0.02%. On average, analysts anticipate that Rosehill Resources will post 0.04 EPS for the current fiscal year.

About Rosehill Resources

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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Analyst Recommendations for Rosehill Resources (NASDAQ:ROSE)

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