Equities analysts expect Rosehill Resources Inc (NASDAQ:ROSE) to post earnings of $0.06 per share for the current quarter, according to Zacks. Six analysts have made estimates for Rosehill Resources’ earnings. The lowest EPS estimate is ($0.01) and the highest is $0.10. Rosehill Resources reported earnings of $2.10 per share during the same quarter last year, which would indicate a negative year over year growth rate of 97.1%. The firm is expected to report its next earnings report after the market closes on Tuesday, May 14th.

According to Zacks, analysts expect that Rosehill Resources will report full-year earnings of $0.48 per share for the current financial year, with EPS estimates ranging from $0.18 to $0.78. For the next year, analysts expect that the firm will post earnings of $1.24 per share, with EPS estimates ranging from $0.94 to $1.87. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Rosehill Resources.

Rosehill Resources (NASDAQ:ROSE) last issued its quarterly earnings results on Wednesday, March 27th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.09. The business had revenue of $83.01 million during the quarter, compared to analyst estimates of $83.65 million. Rosehill Resources had a net margin of 19.23% and a return on equity of 144.89%.

ROSE has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Rosehill Resources from a “buy” rating to a “hold” rating in a research note on Friday, February 8th. Northland Securities restated a “buy” rating and issued a $8.00 price target on shares of Rosehill Resources in a research note on Friday, March 8th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. Rosehill Resources currently has a consensus rating of “Buy” and an average target price of $8.90.

Shares of NASDAQ:ROSE traded up $0.15 during midday trading on Thursday, reaching $3.99. The company had a trading volume of 56,800 shares, compared to its average volume of 108,552. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.58. The firm has a market cap of $181.67 million, a PE ratio of 19.00 and a beta of 3.24. Rosehill Resources has a one year low of $1.95 and a one year high of $9.44.

Several large investors have recently modified their holdings of ROSE. Quantum Capital Management boosted its holdings in Rosehill Resources by 2.6% in the first quarter. Quantum Capital Management now owns 937,661 shares of the company’s stock worth $3,188,000 after purchasing an additional 23,373 shares during the period. JPMorgan Chase & Co. boosted its holdings in Rosehill Resources by 287.3% in the third quarter. JPMorgan Chase & Co. now owns 508,303 shares of the company’s stock worth $3,101,000 after purchasing an additional 377,066 shares during the period. Q Global Advisors LLC boosted its holdings in Rosehill Resources by 155.7% in the fourth quarter. Q Global Advisors LLC now owns 418,823 shares of the company’s stock worth $934,000 after purchasing an additional 255,000 shares during the period. Vanguard Group Inc boosted its holdings in Rosehill Resources by 142.4% in the third quarter. Vanguard Group Inc now owns 400,108 shares of the company’s stock worth $2,441,000 after purchasing an additional 235,056 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Rosehill Resources by 142.4% in the third quarter. Vanguard Group Inc. now owns 400,108 shares of the company’s stock worth $2,441,000 after purchasing an additional 235,056 shares during the period. Institutional investors and hedge funds own 12.59% of the company’s stock.

Rosehill Resources Company Profile

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, 2018, its portfolio included 67 gross operated producing horizontal wells in the Northern Delaware Basin and 4 gross operated producing horizontal wells in the Southern Delaware Basin; and working interests in approximately 6,665 gross acres in the Northern Delaware Basin and 9,219 gross acres in the Southern Delaware Basin, as well as 513 gross operated and 53 non-operated potential horizontal drilling locations in the Northern and Southern Delaware Basin.

See Also: Why is Cost of Capital Important?

Get a free copy of the Zacks research report on Rosehill Resources (ROSE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Rosehill Resources (NASDAQ:ROSE)

Receive News & Ratings for Rosehill Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rosehill Resources and related companies with MarketBeat.com's FREE daily email newsletter.