Rosehill Resources Inc (NASDAQ:ROSE) has earned an average recommendation of “Buy” from the eight brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $11.00.
A number of analysts recently issued reports on ROSE shares. TheStreet lowered Rosehill Resources from a “c-” rating to a “d+” rating in a report on Wednesday, October 17th. SunTrust Banks started coverage on Rosehill Resources in a report on Friday, October 19th. They issued a “buy” rating and a $10.00 price target for the company. Zacks Investment Research upgraded Rosehill Resources from a “sell” rating to a “hold” rating and set a $6.00 price target for the company in a report on Wednesday, October 24th. Ifs Securities started coverage on Rosehill Resources in a report on Monday, October 29th. They issued an “outperform” rating for the company. Finally, Stifel Nicolaus set a $10.00 price target on Rosehill Resources and gave the company a “buy” rating in a report on Sunday, December 23rd.
Shares of NASDAQ ROSE opened at $2.90 on Thursday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 7.83. The company has a market capitalization of $121.91 million, a P/E ratio of -18.13 and a beta of 3.07. Rosehill Resources has a 52-week low of $1.95 and a 52-week high of $9.44.
A number of large investors have recently modified their holdings of the stock. Stratos Wealth Partners LTD. raised its stake in Rosehill Resources by 61.6% in the fourth quarter. Stratos Wealth Partners LTD. now owns 16,000 shares of the company’s stock worth $36,000 after buying an additional 6,100 shares in the last quarter. BlackRock Inc. raised its stake in Rosehill Resources by 10.7% in the fourth quarter. BlackRock Inc. now owns 112,775 shares of the company’s stock worth $251,000 after buying an additional 10,928 shares in the last quarter. Corsair Capital Management L.P. bought a new position in Rosehill Resources in the third quarter worth approximately $110,000. Northern Trust Corp raised its stake in Rosehill Resources by 150.8% in the fourth quarter. Northern Trust Corp now owns 40,343 shares of the company’s stock worth $90,000 after buying an additional 24,258 shares in the last quarter. Finally, Laurion Capital Management LP bought a new position in Rosehill Resources in the third quarter worth approximately $153,000. 15.78% of the stock is owned by institutional investors.
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, 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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